These memes are annoying there are many stories of people losing investing in memes, they are everywhere there are memes related to AI, and there are memes related to NFT, but the worst is you don't know what meme will pump 100x it's like trying to find a needle in a haystack, all these developers are saying the same thing they are the next Doge or Shiba Inu.
I agree with you. Meme coin projects are projects that have no fundamentals and only rely on hype and the power of the community. Many suffer losses due to price manipulation or rugpull. I don't know when the meme coin narrative will end because meme coins will always appear and attract the attention of new crypto investors as they are tempted by rewards of up to 10 times.