If not for the reputation that Bitcoin has built over the years as a store of value, memecoins scams would have dragged crypto reputation into the mud. Memecoins are no different from Ponzi schemes, left for then alone cryptocurrency would have collapsed. But thanks to Bitcoin reputable, the name cryptocurrency still holds value.
There's a clear difference between coming up with an idea that attempts to solve a particular problem in the society and modeling your idea from an already existing one just to either enrich yourself or to alternatively show that you're relevant in the midst of the trending technology. This is the issue when relating bitcoin to any other crypto we have in this digital space. Bitcoin came in as a solution to the problem the global financial system was experiencing, it helped In solving that problem and even though the issue of altcoin flooding the market and sending a false narrative to bitcoin has been the case, because of what bitcoin has been known for, it has managed to stand through it all and still represent the most legit hope to modern financial issues.