Investing in memecoin is not always profitable because investing in memecoin is like gambling, so you can only sit back and wait for the results.
because the risk is high, of course the results you get can also be high, that's why memecoin is called a place to gamble for investors.
but if you want to invest in a memecoin project, of course you have to really analyze it and make sure the project from memecoin has a product,
but only 5% maybe that does have the product.
There is no point in analyzing a meme coin since they don't have any utility at all, if you analyze a meme coin, you will simply be wasting your time because it might have big paragraphs trying to explain their project but at the end of the day, all that is nothing more than bullshit as that is just an attempt from them to make their investors gain some confidence in the project, but in reality, the project doesn't really have any product or utility.
The people who get profit from meme coins are the ones who get in very quickly before even the hype is high because once the hype is here, you will most likely lose your money if you invest it during the FOMO period since that is when most investors will exit who has gained profit already.