Analysis-Politician-Linked Meme Coins Backfire After Libra Scandal
A cryptocurrency that briefly surged on Argentine President Javier Milei's support before crashing is the latest in a series of politically endorsed meme coins facing a backlash. The Libra cryptocurrency was launched in Argentina last Friday,
Argentine President faces impeachment threats after sharing LIBRA token, which crashed from $4.56B to $200M market cap in hours, sparking controversy.
A presidential endorsement fueled the Solana meme coin's rise before its collapse, leaving thousands holding empty bags.
Learn about how some analysts fear meme coins are “over” after the Libra rug pull left investors reeling. Can this ICO help ...
LIBRA was released on Friday, sparking a now-deleted tweet of support from Argentina's President Javier Milei saying it would ...
How did LIBRA push Argentina’s president closer to impeachment, and possibly become one of the biggest meme coin scams in ...
Javier Milei's endorsement of the Libra token led to 86% of traders losing money, with total losses reaching $251 million.
The Libra price has slumped 71% as Binance co-founder CZ weighs in on the collapse and this Solana presale token explodes ...
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It was unclear if any money was exchanged between Davis and Milei's inner circle in advance of Libra's launch.
Out of 15,000 LIBRA wallets who sold at a profit or loss of over $1,000, around 86% lost money, says blockchain research firm ...
The collapse of the LIBRA memecoin has reignited debate over the lack of regulation in the cryptocurrency industry. Promoted ...
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