Hype is what gives meme coins a lot of roles when they can contribute to increasing even when there is a big correction or even disappearing from the existing exchange.
I agree with what you said, not to trust too much and always be more careful with meme coins, because the influence of hype is very dominant in their daily lives and, of course, this is not something very good in the future.
But if forced to hold meme coins, I think and this is in my opinion, they will still fall on doge.
The hype can increase the prices of meme coins. But the hype won't last a long time. The hype will suddenly dissapear when there is another news or issues. Sure, the hype is something that make the price of meme coins can increase very significantly. However, since the hype is for the short term only, we don't be greedy with meme coins. We must be aware that we should take profits on meme coins as long as it has the hype. Don't wait for the end of the hype!!!
So far, it has been difficult to put aside hype with all meme coins, because hype is needed by meme coins to be able to provide better results than meme coins.
But the momentum of the hype also greatly affects every movement that will occur with meme coins, so it must be right on time if you want to get maximum results and if you miss it, you can be sure that the results will be bad and certainly not desirable.
Essentially, meme coins to me are more hype based which is why they are rather volatile in nature. If one chose to follow the trend of the particular financial instrument and entered at the wrong time, the chances are that the person will end up making a loss. Some persons would like to get into the market and out before a certain period, only to discover that the market moves quicker. That is why I personally do not abandon principles of rationality but do not reject taking chances as well, although it is better not to overestimate our possibilities. Meme coins are associated with great profits, but it is always a dangerous game for those who fail to understand its risks.
What you have said is true that meme coins are big because they are based on hype where they increase because of it and will quickly plunge when the hype has passed. Indeed always keep an eye on the situation if you really want to invest in it, because at any time, meme coins can no longer mean anything if we take the wrong steps in investing, for that always maintain the existing situation so that it is indeed in the desired situation so that what is obtained can be fulfilled quickly.
Actually, all investments are very risky, but we cannot forget that for meme coins it is much riskier in determining whether to invest.