Everything goes for money and these celebrities whether they are doing this for paid promotions or really that making their own coins that backed by them on which we know that one's it builds up some hype then value and recognition will increase and that's an advantage.If you are someone whose really that into meme coins then don't make yourself that easily get hyped on whatever coins you do saw in the market on which it is really just that having tons of variety on what's the current meta or trend.If there's some celebrity named tokens made out some 1000x then you would expect that there would really be tons of copy cats or follow ups on which it would really be flooding out on the market.This is why you should really be careful on where you should invest.
Somehow you can't really just that make yourself resist when it comes on investing specially if you do have some experience some moon, then it will really be moulding up that kind of approach that you will be needing to have some another shot to experience the same thing.When it comes to risks then this is something that high because majority of meme coins do turn out to be rugpull. This is why it's important that when you do deal up with meme coin then you should really know the risks involved and never have that all in kind of investment.
You could just end up long term holding stuff like bitcoin instead of trusting some celeb and investing into something silly. I know that risks with memecoins is high due to reward having a potential high return, but usually risk wins and reward is nothing, which is why I do not think that it worths it, even if a celeb supports it, I do not invest into anything meme, and I can prove that by saying I did not buy a single cent of doge or shiba or anything else when Elon kept tweeting about them.
It's clear that it is not a smart way to invest and we should avoid that as much as we can. I know that it's a tough thing to avoid when everyone keeps talking about it, but it gets easier with time to ignore them and get to do something much better.