I don't understand why meme coins such as Dogecoin, Shiba Inu, and Pepe are so famous and why do people invest in them, wondering about the future of meme coins.
They have the good hype and a good community but with regards to their usage, its hard to tell more about their future. If they remain like that, there’s a big chance for a new meme token to rise above them. Meme token will always have a place in this market as they are hyping the project itself, and I see this as a short term investment only so don’t play long. If there’s a new meme token, early investors are the one who make a lot of money.
Do remember, not all meme coins or tokens can pull off in the market.
Some of them just die down without seeing the light in the exchange.
So don't invest in every meme token that you will encounter of, very few can make it in the market and survive.