Are these alt coins like SHIB and Doge Elon (WTF...) anything more than pump and dump schemes capitalizing off FOMO? I feel like they gave Vitalik a bunch of th

Are these alt coins like SHIB and Doge Elon (WTF...) anything more than pump and dump schemes capitalizing off FOMO? I feel like they gave Vitalik a bunch of those coins in the hopes of legitimizing them. I can't wait till this speculative bubble crashes in a spectacular way.