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 isn't the first time it has happened with random meme coin but a lot of coins that achieved huge returns went to the grave in no time as well so invest in the right coins if you are looking for long-term investment or just take a gamble and it may pays you off once in a while.
To read about 1000 to 100K journey:
Crypto Trader Turns $1K Into $100K on Solana’s Newest Memecoin, DogwifhatWhy would it? Meme coins, and someone behind it wanting to manipulate other newbie traders and profiting would always exist. If you were to even try to find these types of coins you'd probably run out sooner rather than hit something like this guy. Don't enter into meme coins expecting the same 100x profit they had, most of it is just luck or it's a part of the teams scheme to pump the coin itself.
Regardless of his true goals, what the man said about buying the coin cause the logo was cute or any other dumb reason should be followed really. Stop buying meme coins to profit, buy them cause the logos are cute. That way you don't buy nonsense coins all the time with the purpose of profiting, which in most cases, is pretty much no purpose at all since they're all, well, memes.