As the name says, these are meme coins. There is no value behind these coins, apart from speculation. You can laugh at them or love them and believe that others will love them too. In my opinion, their value is more likely to drop to zero than to achieve another ATH, but everyone invests wherever they want.
the saddest is that there are hundreds of people who put a lot of money into it
There are also a lot of people who made a lot of money on it. Those people who made money tell other people about it, who are often completely random and have no idea about cryptocurrencies. When someone hears how easily another earned money, he often follows him like a sheep, followed by another and another person. This is how bubbles are formed. In my opinion, the SHIB bubble is about to burst, so I would advise everyone to invest very carefully.
it depends on the preference of the user regarding this type of investment. but one thing i can say, meme coins may have their time today, but think of their future. can they survive in this market? what would be the reasons why they can have longer lifespan? if you can't find a clear answer, then you should know where to put your hard-earned savings.