You are missing criteria regarding technology applicability in reality and not investing in last season's tokens.
I gave my main criteria. The applicability of the project is very important, but if there are thousands of full-time and part-time developers working in the ecosystem, then what are they doing there?
I was asked to give an example of the mass adoption of cryptocurrencies. I can name only 1 example from Tether and Circle companies, whose stablecoins are actively used in many countries and allow you to bypass restrictions.
2. Total Value Locked(TVL). This is a very important parameter and cannot be faked.
I hope you have read
this news last year. TVL is something that is closely related to DeFi, so what if the project doesn't have DeFi in its ecosystem like the previous coins (Litecoin, Dash, Monero etc.).
For now, in looking at the fundamentals of a project, I still use observations regarding communities, developments and ecosystems, that has helped me so far.
For such projects, TVL does not apply, but this parameter can be replaced by trading volumes on exchanges, which most likely need to be divided by 4 or 5, and the number of partnerships.
