Massive pump and dump of meme coins occur more frequently than ever due to easiness in creating them.

what should the fed and other responsibilities do to help people go against this?

More than a hundred million dollars are lost every month like this. calculation :

$ average pump and dump every month = 10

$ average market cap of meme coins at peak = 53Mil$

$ total income = 10*53 = 530 Mil$

(note : results may be varying)