Obviously, people buy memecoins for the hype and the chance to make quick profit, right? In my opinion, meme coins are just for fun and the possibility of hitting the jackpot.
A lot of people, mostly beginners, go for the hyped projects because they do not know yet what constitutes a good project that could potentially bring in some profits. They just follow what the masses are telling them to follow. It’s what’s easy.
At least coins that call themselves meme coins are honest about having no real use. That's better than those shady projects that claim to be "the next big thing" and then vanish once they've scammed investors.
All projects want to make it seem like they are unique and different from others but honestly they should just embrace the fact that a lot of them are all just memes if there’s really no real purpose in their projects. A project that is too good to be true is most likely a scam