Is A Memecoin With Utilities Still Seen As A Memecoin?

[SonofOlympus]

As someone who likes cats I check out all Cat meme projects I come across that's how I found Catamoto. We all know that memes just thrive on hype but this one has a pretty nice foundation as a DEFI community driving launchpad project.

Still, while the project is quite promising I'm still quite skeptical since it's still a meme coin lol. If there's anyone with better knowledge about the project please tell me if it's a nice investment, thanks.

[LogitechMouse]

As someone who likes cats I check out all Cat meme projects I come across that's how I found Catamoto. We all know that memes just thrive on hype but this one has a pretty nice foundation as a DEFI community driving launchpad project.

Still, while the project is quite promising I'm still quite skeptical since it's still a meme coin lol. If there's anyone with better knowledge about the project please tell me if it's a nice investment, thanks.

Being skeptical about a new project is pretty much normal already knowing that the risk is very high because they can just run away alongside the money that they got from the investors (well, every single project can regardless of whether it's a new one or not).

I'm not familiar about the project you shared, but can you tell us what's the reason why you find this one quite promising? It would be better if you will add some links of the website, or any social media channels of the project as well. The fact that it's also a meme coin will really increase your skepticism because many meme coins turned out to be shitcoins.

Since it's a new project, and I'm a bit conservative when it comes to my investment, I'm a bit bias and I will say that it's not a good investment at all. I might be wrong though, but I always prefer buying old and established coins than new ones. NFA