I'd appreciate some advice from people who know about this token or anyone very experienced in how memecoins work. Is this a good investment?
There is usually no surreal way to know or tell if a particular memecoin will be a good investment until it succeeds and become a good investment indeed, this is why investing in them is very risky, way more riskier than investing in other cryptocurrencies with utility.
Investing in memecoins is like playing gambling games, you usually don't know which game you will win or lose the biggest from, you just play and hope luck will smile on you, that's exactly how investing in memecoins is, you can not tell straight away which will go mainstream and you can't tell which will soon go to the grave, memecoins investors simply buy into the ones that appear more promising, same you a gambler will choose to play a game they think they will win good from.
I hope this is clear enough to understand.