Only the earliest investors and developers make a profit, for the most part. These meme coins are created to make the creators rich very quickly. The creation of a meme coin is low-cost and does not require the creation of any product, you just need to create a contract, create a simple website, come up with a name and the token is ready. In most cases, investors in meme coins lose their money, as it is impossible for everyone to make money on high-risk assets.
We already know that behind meme coins that only enrich developers, but behind all that there are hundreds of investors who believe that they can achieve 100x after buying meme coins, but in reality it is an illusion that hopes for high increases but thinks the risk is so small and is too optimistic with advantages and ignoring any possibility that this meme will rugpull.
I've pretty much avoided any meme coins in essence it's just gambling hoping for an explosion, so what if the returner runs away and takes the investor's money, that's not a small number in fact many people do that.
By making projects easy, it is easy to defraud investors and the community after their mountains of money run away. This is not strange.