Actually this is just start of memecoin season. After the craziness hype of Bome WIF pepe and others memecoins, people getting too serious about memecoins. They keep investment with memecoins even they can feel or know the risk of it. Cause everyone Run after money. It wasn't that much in past but nowadays people start giving value to memecoins with this hope that, a memecoin cam change their life or make them millionaires. So k don't think memeocin hype is going to stop soon
Hype will increase if the coin carries out some speculation, for example by pumping the coin, otherwise not many people come. Why is that the pump that is being carried out is quite promising for those who want short-term profits. We can see quite a lot, the more it gets pumped up, the more people join in on it.