The biggest advantage of Chinese memes is that they are easy to understand, which leads to many people rushing in when someone calls out!

The biggest disadvantage is that they are too easy to understand. For retail investors, understanding often means blindly rushing in with some small players, causing the market to be drained of hundreds of thousands after just a few attempts. Many people are rushing to send money, and after a few rounds of sending money, retail investors are completely drained.
Seeing some of the leaders on the BSc chain are really ruthless, eager to swallow the market, but these projects generally have no follow-up, there are basically no strong whales, just a wave of quick moves.