memecoin does have a very high risk but behind it all we can get a lot of profit from memecoin, it's just that in my opinion there is no guarantee that you can always make a profit unless you apply long-term trading like what happened to dogecoin holders can get a lot of profit.
yes, your opinion is very true. some memecoins sometimes take a very long time to increase in price or make big profits like dogecoin and bittorent or btt. but mostly now I notice that most memecoins only take advantage of investors so that most people lose their trust in memecoin.