What’s the endgame with memecoins?

I realize a lot of crypto investors will ignore memecoins and call them basically gambling. Some have said they’re just a fad like NFTs were.

But I’m curious what the pro-memecoin folks think the serious endgame could be?

For coins like dogewifhat or shib— do you think they’ll be around long term? Be used as real currency? Hit a higher price? Eventually they all must fade out in the absence of real utility, right?

Just wanna hear some opinions. I realize 99% of them are pump and dump but I’m curious about theories on the 1%