I think memes are basically gambling.
On Twitter, you constantly see posts about people making huge profits from meme coins or gambling. But most of those stories are either completely fabricated by platforms, heavily exaggerated, or based on a small number of cherry-picked screenshots and edited images. Only a tiny fraction of them are actually real.
Some of these can be true, but ostly the money is made by the developers who controls the coin, so they might be bringing up the screenshots to encourage people to join them, and once others join, it usually don't happen as they say it because it is never like that, the developers are only looking for victims to go with.
Some meme coins actually gives profit quickly, but they are pump and dump coins which are highly volatile and very risky as well, so investing i some of them without proper research is more or less like gambling because you never can tell how it is going to end.
While there is a fundamental difference between the two—gambling outcomes are uncertain, whereas meme coin issuers can often influence or control the market—for the average buyer, both come down to the same thing: betting on luck.
Whether you're buying a meme coin or placing a bet, you're essentially hoping that fortune ends up on your side.
Yes, they are both uncertain, the only difference I see here is that when you invest in meme coins, you can keep holding the coin untill maybe the developers will come again to get some victims which will give the holder opportunity to sell; while in gambling, once you lose your money is gone, no any lifeline to rely on.
