People want easy money and they see memecoins as the way. And people also like memes. That's easy, but the risk is high and memecoins don't provide anything besides a chance of getting money, that depends on the hype of a coin. So I'd rather buy something else.
The market trend in the form of high hype can also be exploited by buying meme coins, but it also has special conditions where users must also constantly control the price, otherwise a reversal can occur at any time. Pumping and dumping are very vulnerable to occurring at any time.
The easy Money they are looking for has trapped money to lose funds but people are still doing it because they is no money at anywhere to survive so when airdrops or Memecoins came out they would like to participate so they can have something to survive when finally launched. Hamster Kombat is launching it presale tomorrow and the telegram Channel of the airdrop right now is over loaded. Even this year people have lost a lot from memecoins. They invested in it and later in the month the project crashed and everyone investment got lost.
When investing you have to some basic things on the project. Understand the necessary abbreviations.