The big joke is that those meme coins have real value on the market.
Elon Musk is a type of guy,who would accept meme coins for his Tesla cars.He wants to prove a point.
Is doesn't matter how ridiculous a financial asset looks like,as long as the people believe in the asset(or the expected future price),the asset will have value on the market.This is basically finance for the fools.
All the "sheep" on the financial market think that a centralized meme coin has value,only because a guy like Elon Musk recommends that coin.This is a joke.
So, do not focus on finding stuff that are fundamentally strong if you are interested in simply making a quick profit, sure it is better to buy good ones if you are looking to be in there for a long time but getting in and out for an hour? That could be done with anything at all. This is why I am doing a lot better nowadays; I realize that my quick cash and my long term approaches could be totally different.