Someone said that in the bull run nothing else makes sense except hype and that's what we see with memes now. The market is getting crazy and most people aren't even concerned about the utilities of these tokens, if they actually have any or not. Where the hype is, is where the money goes and that's where the noise is. Memes are where the noise and hype are now. However, it's good to note that many people will get burnt investing in memes this circle. Greed will do so many in who wholeheartedly think cryptos is a sure bet to riches and they erroneously believe every investment in meme will turn up a great ROI. The caveat here, in my opinion, is for people to only invest what they can afford to lose. Nothing more. Otherwise, there's going to be enough heartbreaks and stories that touch the heart resulting from meme investments.
Yeah true, we just see the hype about everything, I mean there were "ape nft" stuff just a few years back that everyone jumped in and spent hundreds of thousands of dollars, where are they now? Bitcoin went over its ATH of that time, did those NFT's? Of course not, they are still gone.
I bet you that all these meme stuff are looking good for the time being but it will not do that well on the long run when given enough change, I think we should probably consider seeing this as something that will take a bit of time but eventually people will realize memes are terrible investments. Let them have any type of investment that they want, nothing will change the situation and we should probably avoid investing into it all together.