I'm still didn't understand how to read meme chart like like.. some coins must be hype then we buy or what?. if It's does, I'd say I was late to buy cuz the hype was over right?. please teach me the simple ways to read MEME charts.

examples:

$DOGE

$SHIB

$FLOKI

#memecoin⁠⁠⁠⁠