Isn't creating the appearance of this kind of consensus exactly what would happen at a pump and dump scheme at the height of the pump? First it is hold the line. Then it is buy the dip. Then everyone moves onto something else while a few decide that they are now long-term investors, or weren't in it for the money after all.
What evidence do you have that "all" information is public? If shady people did manipulate WSB into a frenzy to create a bubble, you'd expect them to create the appearance of a public process, wouldn't you?