I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?
If there's no Elon's influence, these meme coins are nothing because it's just a pump and dump coin with no real use case. Probably by now shiba inu and other meme coins are not popular anymore since investors already dumped their coins after the hype. But because of Elon, these coins are still existing though it's still risky to engage yourself since we know they're not an established coins that can last for long period.
Thus if you want to invest in these coins make sure you're aware of the risk.