Well when it was only Doge meme coin I thought it was a nice idea. But now there is so many meme coins I think it is only becoming more of pump and dump and a joke.
There is no use for them really. The only meme coins I own in my portfolio are the original one Doge and Safemoon Inu. My portfolio is suffering big losses from me hodling these coins but I still will not sell them until they all recover.
My view is that Meme Coin is a type of cryptocurrency that is gaining value through social media hype and online trends rather than any practical use case and some investors may see a potential profit. The market as a whole views it as a high risk asset with no intrinsic value. The recent proliferation of meme coins has raised concerns over market manipulation and volatility, making them a controversial and unpredictable investment choice.