Lots of people tend to choose memecoins over bitcoin or ethereum when making small payments or transactions because they are cheap and as well as their transaction fees. This is something the top coins need to address but in the meantime this is probably one of the things memecoins are useful for.
That's the only thing they're good for. Cheap and fast transactions. This only applies for "meme" coins living on L2 networks or their own blockchain network. Those built on existing chains (Shiba Inu, Floki Inu, etc) often require the user to pay a high gas fee in return (subject to current network congestion). The more popular a "meme" coin is, the higher fees you'll need to pay.
At least, we have plenty of options to choose from. Considering that crypto/Blockchain tech is open source, who are we to blame the "meme" coin craze? Hopefully, developers start taking things more seriously as investors continue to pour money on the market. We can't predict the future, so lets hope for the best.
