As far as I know, meme coin are just for fun and don't have a clear project.
Dogecoin is the first meme coin that I know, in 2021 Elon Musk supports the use of Dogecoin, since then the popularity of meme coin has peaked, many new meme coin have emerged such as
- Shiba inu
- floki
- Baby doge coin
- Pepe
and many more.
Even though there is no clear project, many people are still interested in meme coin because they have increased by thousands of%.
Are meme coin worth buying in the long term?
What is your reason for buying meme coin?
in the long term, in my opinion, it's not worth it, but to get 2-3x profits in a short time, it might be worth it, but remember, memecoin is very risky, it can make your money 1000x, but it can also make you lose all the money you have, be wise in invest, do your own research, don't be fomo about what's on the internet, people prefer altcoins to memecoins