Most of them are shitcoins and take advantage of the fomo from the news to pump/dump prices, and the true nature of the memecoin environment as such, it is not exaggerated to say they are just scam or multilevel products. Product quality doesn't just depend on the success of some product that makes a difference, sometimes even influencers act on,... all of the damn reasons I can see chaos in how many see this as investment . I wonder that when a bunch of projects with a lot of potential capital as well as good ideas are still struggling, many idiots like to compare the books of profit growth with high-end projects. in about $1M . Perhaps be more realistic about gambling and investing with things like this.