You are right, I had similar thoughts that meme coins are in their way even more honest than ‘serious’ projects. However, while I consider Ethereum a shitcoin and almost all projects running on it mostly bullshit, I have sympathy for some developers who are intelligent and exploring new ways (even if their conclusions are not correct in my personal opinion). Point being, I think that there is some good in what they do while for meme coins I struggle to find that ‘good’.
And my main aversion to it is really not so much to what they are but rather the degeneracy that is gathering around it.
You are right, I had similar thoughts that meme coins are in their way even more honest than ‘serious’ projects. However, while I consider Ethereum a shitcoin and almost all projects running on it mostly bullshit, I have sympathy for some developers who are intelligent and exploring new ways (even if their conclusions are not correct in my personal opinion). Point being, I think that there is some good in what they do while for meme coins I struggle to find that ‘good’. And my main aversion to it is really not so much to what they are but rather the degeneracy that is gathering around it.