A lot of investors lose money simply because they use outrageous amount of money to invest in meme coins when they should have used a small amount as you have suggested to invest just for experiments, greedy investors put in money because of the pump most of the meme coins do and the social media hype that are used in the promotion of most of the pump and dump coins they fail to make inquiries and research about the lifespan of the coins they invest huge amount of money on that's why you see them losing money and never learning from the mistake of others. Sometimes people rush into investing in some of the meme coins because of the performance of a previous meme coin, as meme coins are easy to create scammers take advantage of a particular meme coin that got popularity to create a similar one so that they can trick investors then run away with their money.