Only a fool would bet their last $500 on a meme coin, you have better odds with a roulette wheel. And those aren't very good either! This guy probably had been on a losing streak for some time and may have been a compulsive gambler, who knows? He surely had depression issues far before the suicide.

Meme coins can make you money, but only if you are in early. 99% of the time you lose otherwise, but we understand that, guys like that don't seem to understand them at all. Once in the last run I thought about creating a token as well, but all the coders heavily into the industry told me "it's a 90 day play", after that it will crash unavoidably. I didn't didn't actually do it in the end mostly because the up front cost was just too much, and then I would have probably felt bad for all those who lost all of their money too.

If you don't want to risk losing all of your money, cryptocurrency isn't your playground in my opinion. You can make money in the big ones like BTC, but you can lose ten percent on a bad or more.