If you like investing in memecoin, why don't you choose doge or shiba which will be safer than anonymous memecoins like this. Investing in memes is inherently risky, and it is even more risky to invest in coins with no reputation. I would choose shiba instead of this floki token.
I partially agree with you. I think memecoins that entered the market before the bull run and have now dropped over 90% will not have a chance to return to their ATH. Maybe only DOGE will manage to do it someday.
However, when it comes to investing in memecoins, I think now is a very good time to look for projects that have just entered the market and are quietly waiting for a new bull run. I really liked
https://twitter.com/PussDAO. I think when the trend changes, that may be another memecoin that will earn x100 or more.