experienced users understand that meme coins are too risky for investments but many newbies want to earn fast and easy money that's why they put their money in such coins as SHIB, DOGE and others.
But many experienced users also used meme coins as scalping tools to earning some profit from it. The difference is many newbie just all in into meme coins instead of divide the funds to the real projects first.
It's a pity that it is always newbies that are always fall for investing in meme coins in a bid to get rich with the impression that the price will likely pump to 100X, 50X etc ,not minding the fact that those type of coins are pump and dump coin, whereas experienced traders who knows their onions will capitalized on the price while pumping and buy at low and sell at high quickly form of scalping earning profits, research about those coins will save a lot of newbies investing in meme coins.
many beginners are dragged into lust, so they keep buying even though the price has soared. but unfortunately when they are profitable they are greedy and want the market to continue to rise. and this is the basic mistake of those who do not understand the characteristics of the memecoin market