This cycle is undoubtedly that of memes, people who don't know about cryptos are not going to buy cryptos with a solid project behind them such as gaming cryptos, artificial intelligence or chains, etc., they are going to buy the first thing they see that is going up.
Take Pablo, a mechanic who has no idea about cryptocurrencies, as an example. One day a client comes into his workshop and tells him that he bought PEPE and has already multiplied his investment by 2. The mechanic is going to say wow and since he bought Pepe, he is going to create an account on Binance and see Pepe who is a toad very nice and it's going up so he's going to buy some to try, Pablo the mechanic is not going to buy $AGIX because he has an artificial intelligence project behind
This is going to happen with many meme coins and many new ones that have not yet been released, since in this cycle we are seeing new meme coins that come out from time to time and reach a very large market capitalization in a short time, now Creating a meme is not as difficult as before.
This does not mean that you go and put all your money in memes, it is crazy since as they go up a lot they can go down a lot, currently I have 50% of my investment in crypto in memes since I think they are the currencies that are going to rise the most this cycle.