The price of the coins depends on the trend in them.
If there is a trend its price is growing.
Now morden trand is differen dogs coins. Their price is growing and people buy dogs coins to have more profit.
But now appear a cats coins like this https://twitter.com/angrykittytoken/status/1479171278171000833
May be the trend of 2022 will be a cats coins
Cryptocurrency industry is actively developing to become better and more comfortable and profitable for people.
In meme coins profit attracts a lot of users. Meme coins grow in price even more than other coins.
The opportunity to earn a lot of money attracts a lot of people.
I agree that a lot of new coins appear every day. Among this coins there are a lot of prospective coins, but also a lot of scams.
It is very important to carefully check everything to evaluate the future potential of the coin before investment.
For each coin liquidity is necessary to have a lot of users and big community.