That I can't answer, but my guess is the more ridiculous it is, the lower the barrier for entry thus the more rewards it promises. Reading about crypto billionaires made overnight can do that to one... Lol
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Social media and huge win stories could be the fuel of that.
My friends are willing to put some money together on a monthly basis to build a portfolio. But they want to manage it. That is difficult enough for me. There is a big difference a writing a post on social media and informing people close to you.
While this shouldn't be, it is.
Everyone wants to win the lottery - though there is a far better chance with crypto :D