yes, new crypto means something new. we don't know what kind of risk this could be, and the worst thing is that the project becomes a scam. before investing, you must be prepared for all the risks, because no one guarantees it. however, if you still can't accept that kind of risk, you should try to glance at the altcoins that are already popular today. although the price is still a bit expensive compared to other coins, it is better and has less risk.
All projects have the inherent risk of scamming as long as the control belongs in the hands of the few (and in most cases this is true from the start). I think the problem is the early adopters attitude,,, if you are in it for short term gains, which is true for most projects, then it is doomed directly from the start. Get your objectives straight and then find the coin that meets those objectives:)