If Bitcoins and others are already highly volatile then meme coins volatility are twice higher than them because they are controlled or manipulated by someone else. They do this for their own gain or to earn a profit and make someone lose. No matter how much research we make, we can't avoid that a meme coin will still collapse in the long run. So, it will be better to use those efforts on researching non-meme coins as they are more valuable.
investing in meme coins can make a profit but the risks are much bigger,
if thinking long term obviously meme coin is not a good choice.