High Risk: Memecoins are inherently risky investments with high volatility and potential for scams. Pump.fun's focus on ease of use might attract users who don't fully understand the risks involved. Uncertain Long-Term Value: Many memecoins have short lifespans and fizzle out quickly. While some users might get lucky with short-term gains, the long-term viability of most memecoins launched on Pump.fun is uncertain.