I don’t get why they have to mention CZ’s name when he only spent $600.
That line from OP "It’s a CTO token with CZ affiliation" could easily hype up the project for those who don’t dig deeper. But once people realize the truth, the same pumps OP witnessed could just as easily reverse when those manipulating the price decide to dump.
Even if it's $10, the shills will perceive this as a sign of support; even a word of encouragement is enough to create a ripple that investors will perceive that we should buy this meme.
I have not seen the data yet but like all the memes that come before Mubarak, it will suffer the same fate like all its predecessor, so if you're playing this game, I always advice people to understand how shilling works and avoid being clingy or have an emotional attachment to any memes because that's the easiest way to get burned.