Yes, that's very true I think, someone who holds the memcoin for a long time is only aiming to wait for the hype.
but it is possible that memecoin will dominate the market and may even rank well on every exchange, for example, some time ago shiba inu as memcoin has been trying to be like that, but for now i notice it only lasts for a few months . the point is that memecoin will not be able to rule the world leading every crypto in circulation.
to my knowledge that memecoin does not have strong fundamentals so it is impossible to dominate every crypto, let alone to dominate the crypto market or on other exchanges, many memecoin holders are only waiting for one time which is to wait for market hype. the rest of the memecoins will be wasted by itself.
Not all memecoins that don't have strong Fundamentals in my opinion. dogecoin, for example, dogecoin is one of the memecoins that has great opportunities for the future and for me doge already has good fundamentals so far. You don't just pay attention to the recently launched memecoins.