Someone made 100x returns with a coin called Dogwifhat (WIF) and he bought it just because the logo was cute but in a month the investment turned into 100K due to the Solona DeFi market.
this person just got really lucky most memecoins are hyped but then the price does not go up ever again but i guess this is what’s good with memecoins being very trendy and appealing to the audience garners more possible investors even those who have no knowledge of how to properly invest