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
Of course ypu can't look just by the name, would you invest in a stock of a company just because of its name? Is it not standard to know what you are buying into. Anyone who buys something purely on name will surely lose their money eventually.