Yes, investing in altcoins is risky but it will be more risky when some one try to invest in meme coins. Investors who are preparing to invest in Doge Coin should think thrice before investing. The return on investment in doge coins is very low. Doge Coin's highest ATH was 73 cents in 2021 and since then the coin is down 88 percent till today and there is also doubt whether new ATH will be available in the coming days. Since nothing happens in this coin except Elon Mask contribution, investing here can be considered as a money losing scheme.
The top meme coin price is not relied on at the current market condition, low price return factor from the impact of price increase market is considered for meme coin investment option, even though the price is -88% currently but we are still doubtful for meme coin investment option and maybe -95% it would be good to try low fund investment but we are ready to risk loss.