Although there are so many risk and disadvantages involved in memecoins, they also have their huge advantages. Honestly for most traders, investing in memecoins is not an option for them, especially with the fact that it is really volatile and it lacks development support but still, memecoins also has it's advantages. Traders who doesn't have a big portfolio, can purchase with the low entry price and make high returns. Their inexpensive nature is a major advantage and this can help small investors and traders to build their portfolio.