Meme coins thrive on speculation and hype，their prices are driven more by sentiment and social media trends than by fundamental value.
I've been reflecting on my approach to meme coins, and it's become clear to me that their hype-driven nature has become my guiding principle. Essentially, it's become a case of "follow the money" - whichever coin has the biggest marketing budget, that's the one I invest in, aiming for quick gains. It's a rather blunt strategy, but it's yielded results.
No I disagree, since you can do something to increase your chance to earn and if you are resourceful for seeking the background of the project especially the community supporting it then you might have a higher chance to earn. Rather on lottery which you only need to bet on your favorite or taken care number for long time.
Hype is just there and we can decide to ride or pass on that's why on meme coin investment this somehow need critical thinking since there's a lot that we need to watch for.
I don't also consider this as gambling since for me there's far difference between this two and maybe people use that word only as expression since they think about fine to lose since they try to gamble their money if they take the risk and gamble their money.