Pretty much the same like milady meme coin. It has been pumping so high due to the elon's tweet but it was going down so hard. it takes only a few days to make it goes to the bottom again and i guess if there are so many people who lose their life saving caused by they were investing in the meme coin. meme coin is only for the speculating purpose and it's not for the investment purpose. People don't understand it.
People should understand that elon posts have nothing to do with meme coins other than doge, many new meme projects quote from elon posts on twitter to influence investors, they also use symbols or photos from elon posts to link relations with meme coin projects, actually this is an old trick but many investors are deceived in that way and don't expect you to get high profits from meme coins.