My favourite coins are DOGE & SHIB.
Why? Because
DOGE have Elon musk behind it.
SHIB have large army behind it.
So these two coins are best for trade for news and make some bucks for eat good meal or maybe buy a new iphone. Ha ha
I can't argue with you not to invest in meme coin, because Doge and Shib is a successful meme coin and makes a lot of people rich, but I never suggest my friends or family to invest in meme coin for the long term and only invest when there is hype, because it will provide profit (as when Twitter changed its logo to Doge).
regardless of that, I think these two coins aren't suitable for investment unlike in the past, the value already too much for a meme coin, that i doubt it will be smooth rally from here on.
but instead, will just have series of correction if the shill didn't come.
but then again newer meme coin just means higher risk of just vanishing into thin air, rethinking the decision might be needed when it comes to investing in meme coin nowadays.
after all investing in meme coin you get ridiculously low odd of winning your bet if you are too late in the game.