yes, I see it very much in memes where the sensation is more important than the utility and the hype is often pumped up by influencers of all stripes. after that the price bump falls back to the ground. Yes. The option to avoid coins with low market caps is important to see otherwise it is not impossible that it will end up as a trash token in our wallet or investment account.
All other coins except Bitcoin, the rest of them is about hype and noise, but unfortunately meme seems to be more worse because they are the worst of what you expect, they are pump and dump, you will see scams there, you will see pain there and you will never see growth in it, just noise and noise without anything to show about it, that's how I see meme coins.
The funny thing about meme is that the more you tell people about it, the more they even continue to do it and some point, I think it's better you allow people do what they want to do and not what will help them.