That's how powerful the news is. It really affects all of the people who are into trading and they rely on those people who think they will gain a huge profit by following the trend. But, this kind of altcoins/meme coins has a real purpose on the market to increase the market value and attract new traders/investors which I think is really good for the market.
I agree but not every time that there's a good or bad news, the news will reflect to the market asap. No, it's not for most times.
There can moments that when a bad news comes then you're waiting for the dip, nothing will happen.
And the same goes for the market when it's so good, then a good news then no pump comes.