Technical analysis don’t work too well on all meme coins but when you find one that it works on, you’ll most definitely get to benefit from such investment and profit big from it. Gambling is an entirely different thing that your wins only comes with luck but with meme coins investment, your win can come with the technical knowledge of the coin you have or can even come by just mere prediction. They both have their ups and downs, but they are not entirely the same in all aspects.
I think the only difference between gambling and investing in meme is just a matter of naming.
In essence, they are the same. Because when you throw money at gambling or meme, you are betting on luck, not investing based on any analysis or foundation. You have almost no idea what will happen next and can only hope you will be luckier than others.
In my own opinion, I think that the difference between them is about timing, like the speed at which your faith will be decided, because gambling with be decided very quick, unlike meme that may take days, weeks or more before the outcome of it materialize
Not only meme, investing in altcoin is also no different from gambling. No altcoin has a future as secure as Bitcoin, and investing in them means we are hoping for higher return along with higher risk.
I agree with you that majority of alt coin are not reliable, and they are more of gambling than investment, and it's only few that is good among them, like Bnb, ethereum and Solana, but the rest of them are full of shit, just like meme coin because you will only hope for the best when putting your money on them, so it's best to treat it like gambling, by putting an amount you can afford to lose, that way you will be at the safer side if you investment did not go as planned.