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?
End of the trend for sure.
People are way more cautious in investing in a bear market, and there isn't going to be the unbridled enthusiam that you see from earlier on last year.
The money has rotated out of these meme projects into actual utility projects in DeFi and NFTs, which is honestly great for crypto in the long run given that these memecoins are somewhat parasitic.