Some of us may be happy with this because we can still take advantage of the momentum when we are in the initial entry but we must be aware that this condition will not always be profitable and it is advisable not to do something like this in their current condition.
And if we want to keep up with the pump of the dying coin, we must remember that once we can get a decent profit, we have to get out of the game immediately and never try to chase profits again. That can make us experience big losses. We also must know not to use all our money because that is a big risk.
As for what is happening now, it is people who are joining in without seeing the actual conditions that make them actually stuck at the top.
There have been many examples of this and even if I see some meme coins like this even I have seen it since a few years before with many complaining but they have never been deterred by something like this.