There is nothing special with meme coins, it's juts that people stop making ballistic profits from usual profits and since meme coins are the new gold in town, they don't fear to rush in to get their own share of the pump and hype. Haven't you look around and wonder what's even special about meme coins? They don't have anything special to offer than the pump and dump, they don't have road map because they don't have a product or even a chain for developers to work on, just feeding on speculations to grow.

Another thing about these meme coins is that it's the main chain developers that do give them such credit. Remember this meme coin started on Solana when they first launched Bonk and then Jupitar and because the team are among this development is the reason why the coins are having these hype and it's also helping them to recover their sol price because of the demand from meme coins buyers.