I personally really don't like meme coins, because there are lots of meme coins that can't last long and compete in the market, that's just for people who want to get quick profits. because of the large number of meme coins, it also has an impact on scammers who take advantage of opportunities to create fake projects and seek one-sided profits. lots of selling meme tokens on the web and in social media posts without any continuation of the project they built, it's really bad for the development of the meme token itself.
Memecoins are becoming to many and scammers are responsible for there to be many memecoins. They're launching many with the hopes of getting inventors to believe in one particular one and invest. The newest memecoins is pepe and it's been hyped and already listed on big exchange because they're been promoted by whales.
I don't like memecoins but I still invest in them as I want them make gains in my investment but I don't put all money money since I know they can lose big amount in price because they're no longer popular and people aren't investing in them anymore, memecoins pumps due to hype and when that's no hype anymore than they fall.
We have to come to the terms that memecoins has come to stay and if dogecoin is doing good due to the influencer of public figures other memecoins will want to succeed as dogecoin is succeeding and this will make the market very competitive and many won't survive the next bear market coming.