The meme stock mania of 2021 turned out to be a rollercoaster ride for investors. During that heady period, it felt as though every potential meme stock was destined to soar, propelled by an unprecedented wave of speculative frenzy. This led to short-squeeze rallies, which effectively transformed stocks into multibaggers almost overnight. Fast forward to the present and the allure of meme stocks remains intact, which makes wagering on hot meme stocks imperative. Investors continue to be drawn to the tantalizing prospect of making quick gains. However, unlike the indiscriminate surge of 2021, not every seemingly hot meme stock now…
