Yes ,i often see hype tokens on social media ,So far as i know hype coins is not good to invest,Because if therwa no hype anymore the coins wilp be dead also.Sas that some devs use crypto influencers to hype their tokens or coins.
Hype coins are more likely a bubble and if you're got caught on top you'll leave hanging there. Usually, they create a hype in the community so many will get curious over it but normally end up shit.
Don't get lure to it because potential icos doesn't make noise hence their victory should be.