I think gambling is riskier than investing in memecoin. investiing in memecoin is also very risky. but still chances of earning profit are higher.. specially nowadays when memecoins are in so hype. every new memecoin is rising by multiple x. so finding early memecoins and investing small amount in them can be a very profitable way of earning some money.
but it has its own risks so every memecoin hunter or everyone who want to become a memecoin hunter should always consider these factors before buying .
"Can be" is a bit of a stretch. For every thousand meme tokens out there, there is maybe one that could make money, so you are still gambling and taking a way bigger risk. At least with gambling, you could lower the chances, like lets say you put all your money on black on roulette, you will either win or you will lose, there is roughly 50% chance, minus the zero of course, but it's close to that, you have a chance.
With meme tokens, you are not anywhere near that level, you have less than 1% chance to find the good one, and you may lose all your money. The sentence "can be profitable" makes it sound like that is a good possibility, when something has less than 1% chance to make you money, maybe 0.1% chance to make you money, saying it's possible and saying can be profitable is just not fair.
Gambling has a higher chance of making you money, and we all know it is usually not going to be profitable to gamble, you will lose your money there. So, if there is something with a higher chance and yet still everyone loses their money, then what if something which has even worse odds than that should be called? I think gambling is generous.