Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.
I think you asked something and at the same time answered yourself, Meme coins don't last for sure, but we still have the likes of dogecoin, Shiba inu and some other being among the top coins in terms of market capitalization.
Meme coins can indeed make one rich, I mean, alot of persons or people in crypto have gained their financial freedom through investing in meme coins, and when I say, financial freedom, what I mean is that, this people have made generational wealth for themselves through meme coins.
So, on the nutshell, meme coins are actually one of the means to get quick wealth in crypto, but not without a very high risk, it's just like gambling, you either lose or win, and to win in meme coin gambling, you have to discover one that will explode, at its early stage, this is the only way to make it with meme coins, because if you find a potentially good one, and wait for it to start pumping before you buy, you might end up buying at the top, and this is how most people lose money in meme coins.