When I think about the dog/meme coins and their 15 minutes of fame, I'm reminded of just how stupid everyone really is. Humans, for the most part, don't know shit about shit.
They read a headline about some shit coin already being up 1000% and that's when they decide to get in. A few people will make a lot of money, but most people will end up wrekt if they invested any significant portion of their available funds in a shitty meme coin.