By the way, have you heard of Toon Finance that is believed to become the next Meme coin to 1000X? I wonder why only meme and hype coins get so much attention? Like people got tired of something reliable and want to shake up..
Most likely, the fact is that they are easier to promote. People really think it's more accessible. Although I would not be in a hurry if I were them and studied the market properly.
The reason why people are interested in these coins is their desire to earn 35-10-100 times of their money in a short time. I haven't seen another though. Most investors think so. Instead of investing their 10k in a reliable coin and waiting for it to increase at a certain rate, they risk 2k of their 10k and buy memes or crappy coins and expect their coin to increase maybe 100x. There is nothing else in these coins. Many people lose their money because of this.