I am gambling with Shiba, Doge and similar tokens from time to time, without expecting anything. That's very risky and I don't call this investing. But this is fun and sometimes you can make x5 easily - why not?
If you are not expecting anything, why not? It is like you are just gambling here what you can afford to lose.
But for some who are using their lifetime's savings just to buy these hyped coins, better think not only twice but many times.
I am not against people who are into these coins, but hopefully, they know what they are getting into.
With uncertain future of meme tokens, you have no assurance if your initial investments can ever get back.