A few days ago the market was all time high. Meme coins also pumped a lot at that time. But whenever the price of Bitcoin goes down, Meme Coin goes down too much So meme coin holders wear in a big loss
The reason why it dumps hard is because they have no real product or utility to back up the price of the coin, so whenever a dump in bitcoin happens altcoins also follow, but coins with no real utility will dump even harder than others.
Maybe I'm one of the lucky ones to never be interested in meme coins (shits), everyone is just too crazy about memes and I don't know what's going on in their brains
You are not alone mate, I'm also not interested in these meme coins cause buying or investing in them feels like gambling away my hard earned money, most of the meme coins usually to rug pull after the initial launch since meme coins are always created by anonymous teams who can disappear without any trace.