Let me tell us all, most beginners who feel victim to had invested and lost their funds on investing in the AltCoins are sometimes redirected from their intended directions. Some may have wanted to invest on bitcoin but due to their inexperiences and low knowledges, they gets converted to invest on the AltCoins just because there was no guidance and they lacks reliable source of research and consultations as the case maybe.
It's like when you're not following the crowd to do the things that they're doing, it'll be like you're missing out. All I hear on the news and on the internet, it's the meme cryptocurrency stories that's are trending of how some random wallets is making money from just little investment in the cat and dogs meme cryptocurrency. Inexperienced and lack of proper information is the reason for this bad decision from investors and it'll continue as more celebrities and now politicians are joining the trend of having memecoins.
The more we advance into the the better part of the bullrun, more cat and dogs cryptocurrency will be launched and some of them don't bother changing the name or making a good website and white paper, they only just pay small fees to launch their memecoin on solana Blockchain and start promoting it to Investors who don't do any research but only wants to be the first ones to buy and wait for some increases in the price for them to sell for profits.