Alright. I figured out the Solana x Wormhole Bridge hack. ~300 million dollars worth of ETH drained out of the Wormhole Bridge on Ethereum. Here's how it happened.
These are my possible reasons for having conviction in a coin:
1.The white paper is scientific and logical
2. The discord has intelligent discussions
3. Using the product
4. Strong team that delivers on promises on schedule
Recent PA or hype should not build conviction.