Memecoins prove that most cryptocurrencies and their projects, except for 3-4, are not needed by anyone, except to make money from them. Fundamental analysis based on the presence of a good team and a promising project idea seems to no longer work in this cycle.
Just like in the information field, it's not the most competent who earn, but those who are more promoted and attract more attention. The same happens in the market: if a coin is well-known, it grows. Our task is to find the most discussed coins in the moment and ride them if we want to earn.