Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?
The crypto space has always been and probably will always be based around hype to a high degree. No matter how good your project is and how strong the team, the fundamentals and the use-case are, if you don't manage to get awareness for your project or if you are not part of the current hype wave then you have a hard time to attract potential investors.
The thing about meme-coins is, that they are solely based around hype because they offer literally nothing else. Now the hype around meme-coins is slowly but surely dying since a few weeks and months and because there is nothing else that meme-coins can do they are also slowly dying out. I would not touch a meme-coin with a 10 meter pole.