Looks like it turned out right for Meme coins, market is very bearish right now for Meme coins.
Considering only to buy a useful projects has better chances and potential.

Yes, it is very clear because when the meme coin market is in a bearish condition, it will be very risky to continue buying it, even at a low price point, because meme coins take a very long time to bounce back, and even then if there is support from the news which is good in the crypto space.