I can say that now the memecoin trend is over. The average investor does not want to take the risk of putting money in memecoins that are not necessarily profitable.
From various experiences, almost all memecoins end up in vain in the sense that they are worthless, causing investors to suffer losses.

IMO, most such coins/tokens are only given away by devs to people who have influence to make those coins/tokens famous. Investors are no longer as easily swayed as Vitalik experienced in March who profited from selling shitcoins.
https://cointelegraph.com/news/vitalik-dumps-700k-worth-of-shitcoins-that-he-never-asked-for

The effort and focus made by investors in investing only in coins that have certainty such as Bitcoin, although a small part of them also put their money in several altcoins such as Ethereum.