This question is for those that are into crypto for many years already, does low daily volume means a project is bad? A project with good use case but still very young is now plagued with low trading volume, is this the end or there is hope?.
The criteria for judging a successful project or a scam can range from the team to the idea, roadmap, product to the community...
In case you are talking about a new project, small transaction volumes are also acceptable, because it is still young and new, it may not receive much attention from the community, or the marketing strategy is not good. If you want to evaluate in the most objective manner, then you should consider adding factors like the one I mentioned above.
You are correct, however we need to also take into account that even if a project seems to have all the things necessary to eventually become successful this does not mean that it will, we must remember that the markets are based on the demand and if there is no demand for such a coin then it will fail regardless of any other factors surrounding the coin, it is precisely because of this that meme coins become successful despite the fact that we all know they are shitcoins and nothing more.
