I can not say I see meme coins as entertainment but I use small amount of money to trade them. I am not implying that I invest on meme coins, that is they reason I included trade (not invest) because I can sell them at anytime because of how risky they are.
Some of them increased a little lately, I see it as a joke as they will likely fall back.
Agree with your insights since I also don't think memecoin is good investment, if they wanna try it better use small amount only because this is the safest and not destructive action to do knowing how uncertain and fast dumps happening with those tokens.
Everything is temporary with memecoin and there's only few of it last for long time but still they are still not reliable option to invest.
So better treat it as joke rather than wasting lots of time paying attention with memecoins.