I guess you need to do your own research to avoid jumping on a hyped project that doesn't have long-term potential, this is very important to do in other to protect your investment in the long run., there is no doubt some projects have gained hype lately and even as there is so much potential to earn a good return on investment, it's very important to do a deep due diligence to escape bad projects, e.g some of the meme coins.
some meme coins can provide maximum profit if you buy when the coins haven't gone up, but in most cases meme coins drop very drastically when a few days have just been released on the market.
I don't doubt the ability of meme coins to do x price in multiple ratios within a short period but then we must also consider the risk level because most of those coins that dump easily will also dump on your face faster than pills of cakes under fire, so it is very important to consider the risk factor and how much we are already fo lose holding this project is what your social media.
Any way DOA.