I think that meme coin is not more popular than bitcoin or other altcoins, the increase in the price of meme coin in 2021 was nothing more than the effect of Elon Musk tweet on Dogecoin, after the hype that happened to Doge prompted many developers to create other meme coins such as babydoge and shiba inu, but after the hype disappeared I think the popularity of meme coin is also starting to fade and it is evident from the number of meme coins that are experiencing a decrease in liquidity in market today.
The influence of Musk creates a big hype during Doge's huge pump, and after that many developers ride
with the popularity of this kind of asset,but by looking at it now, the chance that you'll going to waste your money
is the next thing that will happen if you invest in this kind of project. It's more on investing with luck and being ready
if in case worse things happen to your investment.