why most of the peoples are not investing in meme coins??
What’s the usage of this token aside from the hype? Investing should be based on good analysis and for sure investors didn’t see any especially with meme tokens and that’s why they are not investing on those projects but of course, traders will always there to join the hype. Meme tokens are useless for me, they are pure of hype and too risky to hold.
You are right. We should invest not because they are hyped, but because they have real utility case that will make the project creates strong foundation. And seeing all the meme coins today are definitely depreciating their value because of the current FED, i don't think some of them will still recover. They will eventually fall into dead coins as they have no value at all.
However, although some of the investors are great fanatics of meme coins, i think there's no wrong with it as long as they can manage the risk. Investing in meme coins are very risky so they should be very careful for that. I suggest try to focus on coins with high utility cases as they are more profitable rather than investing in meme coins which could only bring losses in the end.