Investing in cryptocurrencies is a risky thing for investors, that is why most investors quote is invest what you afford to lose so that whether something happens to the coins that you've invests affects nothing to you. When we say meme coins, these coins doesn't have any use for so it has a bigger risk than other coins like bitcoin or ethereum which have utility and quality.
Yes, because the use or function of a coin other than as an investment vehicle can also be used in other transactions, this is also a factor in assessing the quality of a coin, it will be useless if we waste time just to pay attention to a meme coin that has very little use