What utility do meme coins offer?
For a project to challenge and usurp, it would need to offer more utilities than Bitcoin does or improve on the aspect of decentralization, security and immutability.
Meme coins like many other altcoins are purely for speculation, causing the changes in price.
BTC mcap takes almost 57% of the entire crypto market so the whole altcoins and memcoin combined can't even challenge BTC talk more of a single memecoin. DOGE with the highest mcap among all the memecoin has a mcap of less than $21M. So i don't see any reason for comparison.