Hey guys, although utility was amongst the foundations of early crypto currencies like BTC and ETH, memecoin are generally fueled by community buzz and even KOL or celebrity figures.
Without utility there won't be any reason for them to stick out once the trend is gone they will eventually goes to zero, so utility is important for a project to survive or else these buzz, hype or whatever create attention for particular project only last for one cycle, especially once the big hands decided to dump then there will be no hope of them to retrieve back.