Sure, most of the pepe coins have a chance to be profitable if you are quick enough but it doesn't mean you have to invest on every single meme coins out there so you can gamble your luck to get bigger profit. Especially if it's a copy-cat of other "famous meme coins" out there such as Pepe and other doge-related coins. You know it's just a bait for investors to invest there and you might be one of them. Be careful.
Of course when a new meme coin hits the market, So it gives good profit to many people,but people who invest later often lose money in it.Meme coins turn out to be profitable for some people but most people end up losing money in it.
You are absolutely right, That investment in each meme coin is a gamble.You can make big profits but also face huge losses.Therefore, a lot of caution is needed while taking entry in all meme coins.If you take an entry in the early days, you may have a chance to make a profit, but if you are taking an entry after the hype, this entry may put you at a loss.