Meme coin trends change, so some are strong enough to last, some are not. Therefore, we have to choose the best meme coin for investment so that we can make a profit and don't expect quick profits because doge coin took quite a long time to get to this point and reach its highest price
Then how do we know the ones that will last in the market?
Meme coins are good only for short term investment, you can never be sure when the project will go down despite their promises during their advert and because it is centralized the team can part ways after they achieve their goals.
Following trends for short time is good but always do more research about any project you are about to invest in so that you can be safe and make sure you take your profits because altcoins cannot be trusted.
most of new meme coins are rarely allocating token to their team and the project is independent of whatever the team are promising though.
its like the meme coin created to be an ownerless coin from day one so thats not really a concern anymore, even money raised usually being used for LP meaning it comes back to the community, but yeah there is always possibility that the devs somewhat tinker around the contract codes and have a way to rug.
but overall, the long lasting meme coins are the noes that could achieve hundred millions of capital overnight, they usually last since they later on get listed in big exchange like binance.
rather than staying in dex where eventually it will become illiquid.
some meme coin that are new and lasts are like WIF, and so on.
so choosing a long lasting meme coin is also difficult because its only 1 out of 100,000 that gonna last and achieve that big market capital.