All types of trading have risks, but the risks have their own levels. we can only look for the lowest risk for the trades we make. So in my opinion, the large number of memecoins being released will not influence me to continue looking for altcoins that have the potential to increase and have low risk. because not only memecoins are being released but many altcoins will be released so market competition will be even tighter.
I agree. As much as I like the possibility of having up to 5x from the small sum on a memecoin, they won't kill the alts for me. Period.