As a society, we should look out for the vulnerable part of our population. The example with high fashion brands is on point though, but I also absolutely detest paying extra to have a logo on my stuff so it doesn't really resonate with me.

High fashion is also marketed toward specific classes of people, those with the means and ability to afford them. Meme stocks and cryptos are geared toward small retail traders who don't really have much in the first place. One of these will cause more damage than the other to its targets.