We can never tell what will happen tomorrow. Bitcoin broke its previous records before its halving, how many of those involved in the Crypto world could have imagined that this would happen to Bitcoin. When we research crypto coins, maybe by analyzing the market we can say this coin can be like 2 times, 3 times, 5 times, in many cases such analysis is correct. Meme Coins offer high returns especially Meme Coin offers more than 100x. Amidst this crowd it is hard to tell which coin will be big soon. Investing in coins with high return potential, including meme coins, carries significant risk. To reduce risk, it is better to keep money in the top coins in the market, even if the profits are low, to make the investment successful.
Yes you are right that for a safe investment we should invest in well established altcoins in the market but the point here is that these altcoins will never give you 100x. That much return on investment is only possible with meme coins.
Sponge was a meme coin that gave returns of more than 100x to its investors. Altcoins can give you 1x , 2x but it will never go up to that high. So people take risks in order to have that much profit. It's justifiable to invest if you have some bucks that you can afford to lose. But you should never invest in meme coins that you can't afford to lose.