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The meme coins have always been wild. It has always attracted customers in a fomo like way and immediately dies after like a couple of weeks, maybe even days. If that isn't wild, then idk what is. A lot of opportunistic people take this as a time to attack late investors buy artificially inflating the market which attracts said late investors. And while I understand why some people still invest even if the coin is like already 50% up, it's dumb since any meme coin that has a gain like that will always drop sharply so expecting any gains from it is pretty obvious.
I know people want big profits buy they should be prepared for big losses at the same time. I prefer relatively stable investments in comparison though. I think I only tried Shiba or Doge once or twice before?
a lot of people benefit from this meme coin. and indeed the meme coin craze can really make someone rich quickly. but it is worth the risk if this coin has not shown significant activity. it could even be a loss because it is stuck at too high a price.
that's why I prefer to play on altcoins that are more stable. even though it doesn't promise high profits, it's enough because it's not too risky like memecoin.