If we talk about the overall trend, yes, memecoins are leading it over a year now. There are talks of different other types of AI, big data coins but none has came close to the popularity, volume and market cap of meme coins. People may argue that utility coins are more in trend but utility coins is a general name for wide range of coins trying to achieve wide range of tasks but meme coins are simple and don't want to achieve anything, they are purely hype and speculation based. Memes are where price pump and dump occurs as they have nothing to answer to anyone.
Memecoins can truly change our lives and also ruined it if we fall on the wrong side of the project. More reason we ought to be very careful in the market, we know exactly what's good for us and having to emphasize more on the profiting perspective. The overall trends of the market, we know directly where it goes to and they're memecoins. This category of coins are projects that have a very good uprising and down fall of projects.
Memecoins pump and dump heavily in the bear season, most of these traders do failed to understand the market. During the bear season, this is crucial time for everyone to invest heavily because memecoin season don't last based on the volatility of the market.