that's why people keep trying the luck with memecoins and it won't stop soon. Rather you'll see the fever of memeocins will increase with time cause everyone want to quick money Which is possible with memecoins only.
This is what I keep saying.
As long as there’s some memecoin that gives its investors profit, memecoins will always persist. Lots of people hate memecoins saying it’s useless and just takes up space in the cryptoscene. But some people genuinely get profit from investing or trading it so I’m pretty sure we’ll keep seeing memecoins around.
meme coin main purpose these day is for pump and dump anyway and the amount of people that willing to get involved with the pump and dump scheme of meme coin actually many though there are legit meme coins but the number usually is smaller compared to the meme coin deployed in the ethereum blockchain alone, even worst if compared with meme coin across various blockchain since meme coin usually also creating their own clone in various blockchain for the sake of trying their luck maybe the meme coin they created may get valued high by the market.
So i have the same opinion too that as long as meme coin can still be used for the purpose of trading with huge volatility that could make the distribution of wealth between one party to another faster through the means of speculation it won't go anywhere.
trust me some people are just getting into crypto space just to try getting rich from meme coin they don't even care about the existence of altcoins that tries to provide product, most of them just don't care but instead so focused in finding the next hidden gems under category of meme coin.
the new meme coin including, wif, mew, ladys, dog are the new meme coin that could reach hundred millions of dollar fully diluted valuation in one go just within one bullrun you can imagine how fast the money moves between these meme coin
easily beating some of the most prominent altcoins out there despite already trying to market their coin for years its got beaten by meme coin within a year, so if we are talking about whether narrative going to last, yes it will more likely last quite long.