Curious about $CATDOG memecoin

I’m invested slightly into $CATDOG. Saw it pretty early around $17m MC and got in. So im up a decent bit since then. But it was up to +70m market cap then steadily dropping more and more everyday since then. Feel like I’m going to get rugged as I’ve never really dabbled in memes like this before. Gut was saying to hold and just trust the coin/community for the first few weeks while seeing the gains but now my gut says it’ll get rugged and its all fake hype on Twitter. Would love some info if anyone has more info or a more educated opinion/thoughts.