Meme coin, not more then that, for now at least.
The "dev"has no experience and proably used a dapp to create the coin, doesnt know how or what to do next. But could be that people from community step up and add value to it.
No real dev or utitilty planned, then BONK (has a trading bot that does a million in fees) or GUAC (releasing there v2 platform atm) would be a better meme coin to gamble on.
Let me tell you how this coin was able to ride this sick wave because there was a reason why it exploded. They started with a airdrop to the top 100k DEX users on volume in the solana ecosystem, together with the 100k top holders of Bonk. These groups together brought a very strong trading volume from the start, making it appearances in top rankings and highest volume, more people got sucked in. Till about 600k from the Liquidity pool got removed (early boy selling out) reversing the trend. Show Less