I'll be honest with you. Most people are stupid. Most people will gamble away their money and then sit there wondering why they have nothing. Take a most recent example of every investor that put money into HAWK token and got scammed out of it. That token now only does about $500 a day in trade value and will soon be doing nothing causing everyone to have lost ever bit of money they put into it.
This dumb crazy was sparked by Pump.fun a Solana meme coins place which you can quickly build and launch any token you want. The issue is it's pluged with scammers and people out there to make a quick buck. There might be a legit product or two in the mix but the vast majority of them are straight up scams or projects that will never amount to anything at the end of the day.
This is where the UK has stepped in as the first country to now ban Pump.fun and well sadly governments end up having to do this because a vast majority of their population is yes... dumb lol