Why risk it all on meme and NFT when you can simply buy Bitcoin or other legit coins and profit in the future. We have to stop giving this rich bastard and scammers the room to scam us and ripoff of our money. Stop this worthless investment and Invest in the right things to secure a bright future.
The problem stems from the erroneous ideology that crypto is all about "getting rich quick", these investors are aware of "lottery" coins that have given massive profits (through luck) to one or two investors in the short period, but Bitcoin on the other hand is a long term project, thus this investors do not have the patience to invest in a coin that actually has a use case and that will give ROI with time, they rather want to go for pump and dump coins and hope they get in at the right time and make profits when it pumps, but unfortunately, that's not always the case, as they most times lose their funds.
Having said that, the inability of investors to do a good research on what they intend to invest in is also a problem and a cause of mistakes people make, I'd actually not blame most of these prominent individuals, if people handle their investment matters independently, then they'd not have anyone to make money out of.