Overall, meme coins are still very risky investments. It is important to do your research before investing in any meme coin, and only invest money that you can afford to lose.

Here are some risks to consider before investing in meme coins:

High volatility: The price of meme coins can fluctuate wildly, making them a risky investment.

Lack of liquidity: It can be difficult to buy and sell meme coins, as they are not traded on many exchanges.

Pump and dump schemes: Meme coins are often subject to pump and dump schemes, where investors artificially inflate the price of the coin and then sell it off, making a profit at the expense of other investors.

If you are considering investing in meme coins, it is important to do your research and understand the risks involved.

Here are some specific examples of meme coins that have struggled to recover:

Dogecoin: Dogecoin was one of the most popular meme coins in 2021, but its price has been declining since then. As of August 2023, it is trading at around $0.000015 per coin, which is a far cry from its all-time high of $0.076 per coin.

Shiba Inu: Shiba Inu is another popular meme coin that has struggled to recover. As of August 2023, it is trading at around $0.000008 per coin, which is also a far cry from its all-time high of $0.000088 per coin.

Baby Doge Coin: Baby Doge Coin is a newer meme coin that has also struggled to recover. As of August 2023, it is trading at around $0.000000002 per coin.

These are just a few examples of meme coins that have struggled to recover. It is important to remember that meme coins are very risky investments, and you should only invest money that you can afford to lose.$DOGE $SHIB