Shammy, the leader of the DUBCAT meme coin community, discussed about the concept of a community takeover (CTO) in crypto. DUBCAT was launched six months ago, starting from a $30,000 market cap, which rose to $9.5 million before stabilizing at $4.55 million. Shammy emphasizes the importance of community involvement and education, noting that only five initial investors made a profit. He advises new investors to understand the fundamentals and be patient, highlighting the risks and rewards of meme coins. DUBCAT aims to build a cult community with events and long-term sustainability, contrasting with traditional cabal-led projects.