Maybe we are, but I would say this is not good as they don't have good potential in the future.
Elon Musk should be the father of meme coins as he started it with Dogecoin that makes people believe it will rise even $1.
Maybe it's the current hype but like I said it will not last, these people who ride on it now will definitely regret it in the future.
Crypto investment is risky but it will become risky if we don't check the fundamentals of the coins we are investing, instead, we follow the hype.
NFT is more potential than Meme coins because people always using them especially when they have lots of players in the game. where the game economy is alive and the players are more crowded. Meme coins are nothing but a scary pump to dump coin where we see most of them in the past are not worth investing right now since they are already being ignored for most of them are really useless and have nothing to do with it. If you will see the NFT token right now, you will understand how they grow up after years of existence because the players of the games are increasing every day and day will buy those tokens from the start.