Did some people lose money? Yes, but most of them had a risk ... some fun for those on the outside looking in. The world of meme coins is a lot less fun just a few months later.

Donald Trump’s supporters have lost more than $12bn (£9.5bn) in a month after the value of the president’s cryptocurrency ...

As a result, is it really any surprise that 99% of people lose money with meme coins? It's hard enough to pick the right meme coin. But you also have to get in early enough to make any real money.