I remember when meme coins weren't a thing, and some people said it was a waste of time to invest in them. You know, because most meme coins either end up rug-pulling investors or causing them to be dumped on. Altcoins in the other hand seem like a safer bet than meme coins due to lower risk. However, risky altcoins exist as well, but that's a discussion for another day.
Meme coins are considered altcoins, only Bitcoin is not altcoin, and these meme coins/tokens could not have take off without Elon Musk it disrupt the market because so many developers are creating meme coins on every chain because this is a trend coin and where investors are making money because of the wave.
I thought after Shiba Inu there would never be another meme wave but looks there's Pepe and every chain has their version of meme coin like Brett of the Solana chain.
I guess this meme coin will continue in the next two years or even more.