M.2 is the form factor. That defines the size and shape of the SSD, similar to 2.5” and 3.5” drives.
M.2 drives can electrically connect to the computer through SATA (like most 2.5” drives do) or NVMe. Which one to choose will depend on what your motherboard supports. NVMe can be significantly faster, since it’s designed specifically for the flash memory that SSDs use.
DRAM is literally a little bit of RAM that the SSD uses to speed up reading and writing, especially useful when bursts of activity happen. A DRAMless drive just doesn’t have any.
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