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.

Yeah thank god the hype about meme-coins without any actual use-case seems to die out slowly at the moment and rightfully so. I have always been of the opinion that this sudden hype about meme-coins that started 2 months ago or so was very harmful for the whole crypto space and at least in my opinion also one of the main reasons why we the market started to dump in mid may. I mean one or two new meme-coins are hurting nobody but during the peak of the meme-coin hype there were dozens of those coins coming out every single day and many of them had tradings volumes of 10M$ and even way more.