When it comes to memecoins, it needs to be mentioned: Most "Memecoins" are not even coins, most "Memecoins" are tokens.
Often, it is just a marketing move to designate a crypto asset as "Coin" but in reality, it's a token.
A coin is based on its own, unique Blockchain, like Bitcoin, Litecoin or Dogecoin
A token is based on an existing Blockchain, like Ethereum tokens (for most ICOs) or based on BNB (for many Memecoins).
And today, most "Memecoins" are not even coins, most "Memecoins" are tokens. Keep in mind when investing.
It's good to point that out but either way it doesn't matter. Coin or token they are all created to do one thing, try to enrich a select few while leaving everyone else broke. I have found one of these thousands of projects that actually had a viable solution to anything beneficial. Greed run sector. People will get burned.