About the memes coin, no one can say perfectly, it means that the memes coin can go for a very high price, and in similar way it can go towards the bottom in just seconds and many of the meme coin projects I have seen in this crypto that they have destroyed in minutes, the reason was meme coin's projects.
the value of these meme coins was purely driven by speculations so of course when even the slightest flaw is found with these meme coins many would turn their face and leave.
therefore making the meme coin lost its value, there has been many history of such thing occurring towards meme coins in general but people are so eager to invest in it because as you know its meme coin where
its the place for speculations for many that could turn measly $100 into some massive $10,000 just within days and that's still downplaying it heavily.
but also the risk of losing money is usually higher than the chance of turning that profit.
so if you have the patience and capital, you should invest in altcoin for the sake of future profit when bullrun comes.