When everyone is free to create projects this will happen, the number of coins in the market today is more than 13k and I think this makes the competition very tight, in fact many coins die so we have to be careful, meme coins are a trend that is happening right now , maybe most of us don't like it but in general it can be accepted by the public as long as they get profit from it.
It is very clear that this has happened at this time so that the meme coin circles have started to compete with each other so that those who are not able to develop will die by themselves and will also be drowned by others or by the better of them.