It's a shitcoin just like so many other shitcoin other there, you can not invest on such altcoin with the believe of making profits on the long run, what you can do is to just follow the trend of its pump and dump schemes and never hold for long because you are not certainly secure with such project just as you can be secure with Bitcoin, knowing that if you buy during bear season, you can make profit in the bull season, with altcoins it's never same thing. Example is the Trump token that was recently pumped to $70 (if am not wrong) but later dumped to $8, what can investor make off such project, after buying at $50 or $70 but it turns out that they didn't make profit but a huge lose.
You're absolutely right to highlight the risks in blindly investing in random altcoins especially those with no real utility or community backing. Many of them are built purely for hype cycles, and if you don’t time your entry and exit well, it’s easy to end up on the losing side, just like what happened with the Trump token pump.
You’re correct: Bitcoin remains the most stable and reliable long-term crypto asset. But for those with good strategy and risk management, trading altcoins during trends can be profitable not by holding forever, but by understanding the narrative and exiting wisely.