Shit and Meme coins like gambling. It is able to give big profit in less time. So the Newbie prefers these coins a lot. they have small amount of usd to investment so they invest there usd in Meme coin. Which enables them to buy many tokens for less money. So these tokens are very popular among Newbies. Because they are not aware of the risks about these
Agree, and most beginners are usually lulled by influencers who often offer investment in memecoin even though it's a project they build or are paid to promote to victims. Honestly, of the many investors, most of them lose money from the shitcoins game. It's as if the crypto world is all for them, and the image of cryptocurrencies is badly tarnished because of the shitcoins.