I, for one, don't think memecoins are meant to be held for long.
I believe one can make money off them by buying and selling off quickly before the dump and when the hype is still on. Because tomorrow there will be another memecoin in town and the current one will be forgotten, done and dusted.
Depends if the project still persist with a tremendous hype. Its not Im saying memecoin are for long term but some cases those projects moon with a little bit of time too. Like happened on shib, pepe and some new meme too. Ive also in and out of some memecoins but it depends on some factors too like tokenomics and my target gains.
Just asking for those who are into socials and seeing frequently news about it and their thoughts.