I'll give you logical comparison of what's happening in the market.

2017-2018 = ICOs/IEOs/STOs and then bear market came, they're no longer a thing today.
2020-2021 = Meme coins/NFTs, play to earn, they're still sort of a thing today but the majority of those NFTs that were in hype before are no longer known today.
2024-2025 = Meme coins still/TAP mining(TON) but I am expecting that they're not going to be a thing once the bear market comes.

So what's the clear winner here? the meme coins? LOL. I guess that it's a survivor in nature but many of them will fade too.