“I’m not comfortable holding memecoins because they lack fundamentals?”

They don’t lack fundamentals — you’ve grown up falsely associating fundamentals with business catalysts.

Prices are influenced by demand/supply.

What influences demand/supply?

Something we call fundamentals.

Your view of investing changes when you realise fundamentals are nothing but whatever moves prices.

For memes — memetics.

For businesses — product, team, debt.

For real estate — development, population.