I saw Cake at 0.5 and thought that was overrated, after all, a financial project called "Pancake" with a token called "Cake" couldn't be serious. I followed it for 1 month and when I saw it, it shot to 8 dollars, so I waited for it to fall and bought the 6. It was one of the best moves I made, but still, I ended up missing the timing, because it reached 40 dollars and I ended up selling it at 15, in that insane fall
There’s a lot of weird name in crypto and yet they offer a great services for us and many makes a lot of money on that. I see the problem here is not just about the name itself, maybe OP failed to do his own analysis and see if this project will boom or not, cake is one of a great exchange today and I see this to rise more in the future.