Nearly 1 million investors, with a total loss of $3.81 billion

And the ones who make the most money are not necessarily the traders, but the issuers of the coins.
The $trump coin once again proves a market rule:
Celebrities create traffic, the market creates emotions, and retail investors pay the bills.
Of course, not all investors incur losses; some early entrants have profited. But in every #meme frenzy, those who truly make big money are often the earliest to position themselves, not those who rush in last.
The biggest risk in investing has never been volatility, but mistaking emotions for value.