Meme coins are high risk coins, especially new meme coins. but there are still many fans. Their goal is to get bigger profits during the hype. And it's possible that during altcoin season, some meme coins will rise in price.
New meme coins are difficult to trust, most of them ended up with scams. I think we are better to choose old meme coins such as Doge or Shiba if we really want to invest in meme coins. Sure, there is a chance of meme coins to increase highly but it is difficult to analyze it because meme coins depends on the hype. This is actually the reason that many people are afraid to invest in meme coins, they don't to take a risk on the coins with no fundamentals.