if you mean the token that is currently booming and moreover there is another pump in the new token I don't think you need to follow it because everyone already knows what the end of this token will be. but if you want to try go ahead

and I also suggest that if you want to earn passively choose one that is really trustworthy, don't be a fomo and you have to do your own research so you are sure
rug pull is always a possibility, do not think that some project is secure just because there is a hype around it
it is always a good practice to take your profits out, for next investment, and leave something for passive income, as a moon bag, because you never know what will actually play-out with the project
do not take this as advise, and always do your own research before investment
Rug pulls have been around forever in this industry, but it seems as if they become more popular currently again. It might be due to the fact that crypto has more publicity again and more newbies are joining the space. So some scammers try out one scam project and see if it's profitable, and if it is they launch one after another. It's the absolute worst in the space.