I personally really don't like meme coins, because there are lots of meme coins that can't last long and compete in the market, that's just for people who want to get quick profits. because of the large number of meme coins, it also has an impact on scammers who take advantage of opportunities to create fake projects and seek one-sided profits. lots of selling meme tokens on the web and in social media posts without any continuation of the project they built, it's really bad for the development of the meme token itself.
Honestly a lot of meme coin developers created it solely to cash out quickly and dump the coin unfortunately a lot of unwary investors fell to their trap consequently losing huge portion of their hard earned money, on the other hand there are investors who wanted to earn quick money are also caught up in the scam thus would have themselves to blame, unfortunately crypto market is unregulated which prompted all sort of nefarious activities by some scammers who pose as developers to enter the market, personally I would never invest in any meme coin at the expense of credible and trusted altcoins like Ethereum, BNB, Link e.t.c