Yeah, DOGE is a good example of what happens when hype runs out but there’s no strong tech or real use case to back it up. It had its moment, but without innovation or solid fundamentals it’s hard to stay relevant long-term.
As for these new meme coins – sure, they might pump hard in the short term if the hype catches on, but the same red flags apply. If the tokenomics don’t make sense, if most of the supply is held by insiders, or if there’s no real value being created, then the risk of being left holding the bag is huge.
I’d rather focus on coins that combine actual technology with adoption potential. Meme coins can give crazy returns, but they can also go to zero overnight. DYOR is key, otherwise it’s just gambling.