Some "meme" projects went up a lot but at the same time we are talking about something that is pump and dump situation and unfortunately because of the rise they get people end up with a thought that they are better to invest because they went up a lot. If you take something that is 3, and make it go up to 100, that is a huge increase, but if then it goes down to 1 or under then it wasn't a great investment to those who didn't sell at the top prices.
This is always how it ends up, and this is the reason why you could go to twitter accounts of those tokens, and you will see that people are always crying about it. We are on a good period, even bitcoin did 4x all together, which means that risking everything for 6x makes no sense to me at all.
they are risking because they think the altcoins season hasn't really come. since 2023-24 Bitcoin is the only that comes up and some few altcoins which is why there is a good reason to buy those meme despite it drops below 3 after it shoots 100.
so far one of the altcoins that i have been watching since is the TONcoin, this year has been so good for the investor of this TON.
surprisingly, only a few talked about this project despite how successful they have been since SEC stopped them before. but they wet ahead and get through