Absolutely not! The market does not need new memes. New memes are only created to make the founders and insiders rich. All these models are a weak attempt to legitimize this scam tactic.
So if this coin is having a reason for its creation, it will still most likely be pumped and dumped, provided if it it pumped at all.
The simple practical conclusion is that any new meme that is created is a scam. It does not need to exist, there are plenty.
Exactly, because in essence, meme coins are worthless tokens that merely capitalise on the current hype, with the sole purpose of enriching a select few. so, when the price rises in line with their initial targets, they will immediately sell their holdings of the token. This, of course, will trigger panic, leading to mass sell-offs, and ultimately causing the token's price to collapse. New buyers who have no understanding of the utility or fundamentals of the token will simply be throwing their money away on meme coins.