That why millions poured money into it because of this trust.
This renewed my interest and spent two weeks after re-visiting memes and just lost the small bets i placed. The state of the meme market now compared to 6 months ago is terrible, 99% are rugged or die quickly, the only way to realistically trade is via trading bots like bonkbot, (dont bother with the connecting your phantom wallet to radium its useless) the fee% taken off are higher the lower your trade so if you bet 0.1 sol you will start at a -25% loss that you will have to make up anyway before you go into +profit.
So you either bet higher & risk losing more for lower % fees or carry on tiny trades and start out 25% down each time.
Quick return on investment and quick profit increase options are what everyone wants. Buying memes is the same as participating in a betting event, sometimes winning and losing, but that condition does not always suit everyone. If he is active and updates the news, he might have and opportunity, but on average he doesn't. I have quite a lot of losses in memes and have switched to normal and less speculative ones at this time.