In last one week, coins like pepe rose by 400% or more. There were other meme coins like dogecoin and shiba inu also growing fast. Lot of bitcoin users would now feel tempted to move their funds to these meme coins for higher profit. At such, do you think that any meme coin has the capacity to challenge bitcoin dominance ?
The first question you need to ask is has Doge which is regarded as the king of memes surpassed Bitcoin? Since they are the first to start the rally and trend of memes, I think the other meme coins like Pepe, Bonk, Floki and many shit coins need to flip doge which is right now $23B by market cap and Bitcoin which is around $1.3T, the extra billions on Bitcoin are far many times bigger than the market cap of Doge, now do the maths and see if this is possible or you are just doing normal impossible assumptions.
The investors knows what they are doing, if you think any memes coin is going to ever replace Bitcoin by dominance, then you need to quick check history of Ethereum and how it was been push to replace Bitcoin but as they got tired of the hype, they stop because Bitcoin is Bitcoin and altcoins are altcoins.