When there are too many meme projects, there are bound to be pumps and dumps scheme, it not advisable to invest on these meme coins knowing that many investors had lost heavily on them. Statistics shows that memes coins new start up projects has drastically increased and many of them has been dumping, while huge numbers of them are dead project s.
Now, Bitcoin has continued to dominate the market, it look like there are no hope for many altcoins breaking out, and the most common trends are the altcoins experiencing "New Lows" due to bitcoin dominance. I hope there will be a break this year.