Identifying good project to invest in crypto is simple and hard sometimes but to me I will look at the what is the purpose of creating that coins ,a coins with a purpose will always last long In the market,just look at bnb btc and other main coins ,bnd for example it will be hard for bnb to wipe out of the market because it's an exchange coins , mostly exchange coins is best to invest in

And also before investing in coins we need to look at the whales holding it ,an talking about new coins ,at least 30people must old that coins ,this is to avoid dumping and look at the market cap ,how are they handling their social network,if they are active and those who created the coins shows their self ,I mean face ,this can also boost your assurance that that particular coins is not a scam

They are several ways to look at when investing,I made a post about it last year
Here

You can check it out may be it will be helpful