In a bull market, it’s easy to get excited about rising crypto prices, but some coins may be overvalued. An overvalued crypto is one that’s priced higher than it should be. To spot this, look at the basics of the project. If a coin doesn’t have a clear purpose, isn’t widely used, or has a weak team behind it, the price may be too high. Also, check how much the coin is worth compared to what it actually does. If its price is much higher than it should be, it could be overvalued.

Another warning sign is when a project makes big promises but doesn’t explain how it will deliver. Be careful of sudden price jumps caused by hype on social media instead of real progress or news. In a bull market, it’s better to invest in coins that have a clear purpose and a good future, instead of following trends just because they’re popular.

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