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libra

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AVIII12Z
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Bullish
I think the coins in the presidential trend like #libra system #solana will be hard to eat thick guys. Recently CZ posted about the meme #Broccoli which is the name of his pet dog. However, #Broccoli is only listed in Binance Wallet, not listed on this exchange. CZ's move will of course benefit the bsc ecosystem in general and #BNBToken in particular Which coins are you chasing, have you missed any waves, comment to let admin know ^^ {spot}(SOLUSDT) {future}(BNBUSDT) {future}(TRUMPUSDT)
I think the coins in the presidential trend like #libra system #solana will be hard to eat thick guys.

Recently CZ posted about the meme #Broccoli which is the name of his pet dog. However, #Broccoli is only listed in Binance Wallet, not listed on this exchange. CZ's move will of course benefit the bsc ecosystem in general and #BNBToken in particular

Which coins are you chasing, have you missed any waves, comment to let admin know ^^


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The LIBRA incident is brewing, deep thoughts!#LIBRA incident is still brewing. (Theๅˆฉ็›Š้“พๆกๆญฃๅœจๆตฎๅ‡บๆฐด้ข) 1: ๐Ÿ‡ฆ๐Ÿ‡ท The Argentine presidential office issued a statement investigating President Milei, while also investigating the KIPprotocol and #libra participants. Milei stated that the KIPprotocol team provided technical development and did not participate in the market cap management of the tokens, with the behind-the-scenes criticism directly targeting KelsierVentures CEO DAVIS. 2: KelsierVentures CEO DAVIS released a video through the official Twitter, stating he is the launch advisor for the Libra Token, responsible for providing liquidity and managing treasury funds, with 100 million USD in his hands. (It is decided to buy back $LIBRA with 100 million USD and destroy it within 48 hours.)

The LIBRA incident is brewing, deep thoughts!

#LIBRA incident is still brewing. (Theๅˆฉ็›Š้“พๆกๆญฃๅœจๆตฎๅ‡บๆฐด้ข)
1: ๐Ÿ‡ฆ๐Ÿ‡ท The Argentine presidential office issued a statement investigating President Milei, while also investigating the KIPprotocol and #libra participants.
Milei stated that the KIPprotocol team provided technical development and did not participate in the market cap management of the tokens, with the behind-the-scenes criticism directly targeting KelsierVentures CEO DAVIS.

2: KelsierVentures CEO DAVIS released a video through the official Twitter, stating he is the launch advisor for the Libra Token, responsible for providing liquidity and managing treasury funds, with 100 million USD in his hands. (It is decided to buy back $LIBRA with 100 million USD and destroy it within 48 hours.)
Since the #libra scam of Argentine President Milley sucked blood, the overall activity of the SOL chain has declined a lot. Even the income of the #Pump platform has dropped by 50% in the past few days. The average daily income was 3 million US dollars before, and the average income in recent days was about 2 million US dollars. Yesterday, the income was 1.83 million US dollars. Although the overall income of the pump platform has declined now, the daily income is still considerable. The narrative dividend of meme coins alone is gradually fading. In the future, more meme coins and AI coins with more scenarios and applications will be needed to explode again. At present, many people are looking forward to the pump platform issuing coins. However, according to current news, the proportion of pump platform issuing coins and airdrops is not high. Many people who expect to make money on the platform may be disappointed. Even if the coins are issued, it should be difficult to make the platform's income grow rapidly in the short term! #BNBChainMeme็ƒญๆฝฎ #SOL่ตฐๅŠฟๅˆ†ๆž {future}(SOLUSDT)
Since the #libra scam of Argentine President Milley sucked blood, the overall activity of the SOL chain has declined a lot. Even the income of the #Pump platform has dropped by 50% in the past few days. The average daily income was 3 million US dollars before, and the average income in recent days was about 2 million US dollars. Yesterday, the income was 1.83 million US dollars.

Although the overall income of the pump platform has declined now, the daily income is still considerable. The narrative dividend of meme coins alone is gradually fading. In the future, more meme coins and AI coins with more scenarios and applications will be needed to explode again.

At present, many people are looking forward to the pump platform issuing coins. However, according to current news, the proportion of pump platform issuing coins and airdrops is not high. Many people who expect to make money on the platform may be disappointed. Even if the coins are issued, it should be difficult to make the platform's income grow rapidly in the short term!

#BNBChainMeme็ƒญๆฝฎ #SOL่ตฐๅŠฟๅˆ†ๆž
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Bearish
๐Ÿ”ฅ Drama Erupts in the Solana Ecosystem: LIBRA Token Sparks Controversy! ๐Ÿ‘€ The launch of the #libra token has shaken the Solana community, sparking intense debate. This controversy has led to the co-founder of Meteora stepping down, while Jupiter has launched an investigation into the situation. Look and trade : $SOL $JUP {spot}(JUPUSDT) {spot}(SOLUSDT) #jupiter #solana #BinanceAlphaAlert #TradeFiRevolution
๐Ÿ”ฅ Drama Erupts in the Solana Ecosystem: LIBRA Token Sparks Controversy!
๐Ÿ‘€ The launch of the #libra token has shaken the Solana community, sparking intense debate. This controversy has led to the co-founder of Meteora stepping down, while Jupiter has launched an investigation into the situation.

Look and trade : $SOL $JUP
#jupiter #solana #BinanceAlphaAlert #TradeFiRevolution
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Presidential Pump & Dump! Argentine President Javier Milley launched the LIBRA meme token, but 6 hours later tweeted that he had decided not to support the project anymore ๐Ÿคก The token reached $4.59 billion in capitalization, and then fell 96% from its peak. #libra #argentina $BTC $ETH $BNB
Presidential Pump & Dump!

Argentine President Javier Milley launched the LIBRA meme token, but 6 hours later tweeted that he had decided not to support the project anymore ๐Ÿคก

The token reached $4.59 billion in capitalization, and then fell 96% from its peak.
#libra
#argentina
$BTC $ETH $BNB
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#argentina #libra National Uproar as Argentinaโ€™s $LIBRA Cryptocurrency Collapses Argentina is in the midst of a political and financial crisis following the dramatic crash of the $LIBRA meme coinโ€”a cryptocurrency publicly supported by President Javier Milei. Once hailed as a beacon of innovation and economic renewal, the digital asset quickly attracted attention from retail investors and crypto advocates. But its rapid rise was short-lived, as $LIBRAโ€™s value nosedived, resulting in losses totaling around $250 million. Many critics claim the Presidentโ€™s backing gave the project undue credibility, with some now labeling it a pump-and-dump scheme. The controversy, now known as โ€œCryptogate,โ€ has ignited nationwide demands for greater government transparency and stricter regulations. Both lawmakers and financial regulators are pushing for a formal inquiry into whether political influence was misused to sway market behavior for personal or political benefit. The fallout has undermined investor trust and sparked wider concerns about the influence of political figures on the highly volatile crypto market. Amid ongoing economic instability and inflation, the $LIBRA scandal highlights the dangers that arise when politics intersect with speculative, unregulated financial instruments.
#argentina #libra
National Uproar as Argentinaโ€™s $LIBRA Cryptocurrency Collapses

Argentina is in the midst of a political and financial crisis following the dramatic crash of the $LIBRA meme coinโ€”a cryptocurrency publicly supported by President Javier Milei. Once hailed as a beacon of innovation and economic renewal, the digital asset quickly attracted attention from retail investors and crypto advocates. But its rapid rise was short-lived, as $LIBRAโ€™s value nosedived, resulting in losses totaling around $250 million.

Many critics claim the Presidentโ€™s backing gave the project undue credibility, with some now labeling it a pump-and-dump scheme. The controversy, now known as โ€œCryptogate,โ€ has ignited nationwide demands for greater government transparency and stricter regulations.

Both lawmakers and financial regulators are pushing for a formal inquiry into whether political influence was misused to sway market behavior for personal or political benefit. The fallout has undermined investor trust and sparked wider concerns about the influence of political figures on the highly volatile crypto market.

Amid ongoing economic instability and inflation, the $LIBRA scandal highlights the dangers that arise when politics intersect with speculative, unregulated financial instruments.
๐Ÿšจ JUST BREAKING! ๐Ÿšจ ๐Ÿ‡ฆ๐Ÿ‡ท Argentina's President Javier Milei has ordered an investigation into the $LIBRA cryptocurrency rug pull ๐Ÿ•ต๏ธโ€โ™‚๏ธ๐Ÿ’ฐโ€”a project he previously promoted! โš ๏ธ Crypto investors are demanding answers as the scandal unfolds. Stay tuned for updates! ๐Ÿ“ข๐Ÿ” #librascam #libra #JavierMilei #Rugpull #argentina
๐Ÿšจ JUST BREAKING! ๐Ÿšจ

๐Ÿ‡ฆ๐Ÿ‡ท Argentina's President Javier Milei has ordered an investigation into the $LIBRA cryptocurrency rug pull ๐Ÿ•ต๏ธโ€โ™‚๏ธ๐Ÿ’ฐโ€”a project he previously promoted! โš ๏ธ

Crypto investors are demanding answers as the scandal unfolds. Stay tuned for updates! ๐Ÿ“ข๐Ÿ”
#librascam #libra #JavierMilei #Rugpull #argentina
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#libra $DOGE $XRP Topic of the hour par excellence
#libra $DOGE $XRP Topic of the hour par excellence
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According to media reports, the sister of Argentine President Javier Miley was paid to promote the meme token #Libra , which turned out to be fraudulent. โžก๏ธ Impeachment! (funny fact - if you type the word impeachment into Yandex, the first thing that shows is a photo of Miley))) $SOL {future}(SOLUSDT)
According to media reports, the sister of Argentine President Javier Miley was paid to promote the meme token #Libra , which turned out to be fraudulent.
โžก๏ธ Impeachment! (funny fact - if you type the word impeachment into Yandex, the first thing that shows is a photo of Miley)))
$SOL
LIBRA whale's 'doing T' operation crashes in an instant, losing $695,000 in 7 minutes! According to on-chain monitoring, in the past 24 hours, LIBRA's major trades have mainly focused on swing trading, while the whale 5AS99...H48Sm attempted a reverse 'doing T' but suffered a disastrous failure. Three hours ago, this whale bought LIBRA with 2.5 million USDC at an average price of $0.5206, but just five minutes after building the position, the price plummeted, leading to rapid losses. Ultimately, they could only sell off in batches at an average price of $0.3759, suffering a loss of $695,000 in just 7 minutes! This operation can be described as a typical case of 'making quick money, losing even faster.' The extreme volatility of LIBRA has put immense pressure on short-term traders, especially in such a rapid crash scenario where accurately capturing volatility is no easy task. The risk of short-term volatility is evident, and everyone needs to be alert to the market's extreme fluctuations! What do you think about LIBRA's future trend? Will it rebound or continue to decline? #om #bnb #libra #BNBChainMeme็ƒญๆฝฎ #ๅธๅฎ‰AlphaไธŠๆ–ฐ $XRP $SOL $TRUMP
LIBRA whale's 'doing T' operation crashes in an instant, losing $695,000 in 7 minutes!
According to on-chain monitoring, in the past 24 hours, LIBRA's major trades have mainly focused on swing trading, while the whale 5AS99...H48Sm attempted a reverse 'doing T' but suffered a disastrous failure. Three hours ago, this whale bought LIBRA with 2.5 million USDC at an average price of $0.5206, but just five minutes after building the position, the price plummeted, leading to rapid losses. Ultimately, they could only sell off in batches at an average price of $0.3759, suffering a loss of $695,000 in just 7 minutes!
This operation can be described as a typical case of 'making quick money, losing even faster.' The extreme volatility of LIBRA has put immense pressure on short-term traders, especially in such a rapid crash scenario where accurately capturing volatility is no easy task.
The risk of short-term volatility is evident, and everyone needs to be alert to the market's extreme fluctuations! What do you think about LIBRA's future trend? Will it rebound or continue to decline?
#om #bnb #libra #BNBChainMeme็ƒญๆฝฎ #ๅธๅฎ‰AlphaไธŠๆ–ฐ $XRP $SOL $TRUMP
CRYPTO HOLDERS: $LIBRA IS IN TROUBLE! Whatโ€™s happening with $LIBRA? The situation just took a dramatic turn, and investors are on edge! Massive losses, volatile market movements, and unexpected twistsโ€”could this be the end or just the start of something bigger? Hereโ€™s what we know so far: โœ… Traders have already lost MILLIONS! โœ… Market sentiment is rapidly shifting! โœ… Whale movements and suspicious activity spotted! Will $LIBRA recover, or are we witnessing history repeat itself? This could be a pivotal moment for holdersโ€”stay sharp! Are you still holding, or is it time to bail? #Crypto #LIBRA #Write2Earn #TrendingTopic #Altcoins
CRYPTO HOLDERS: $LIBRA IS IN TROUBLE!

Whatโ€™s happening with $LIBRA? The situation just took a dramatic turn, and investors are on edge! Massive losses, volatile market movements, and unexpected twistsโ€”could this be the end or just the start of something bigger?

Hereโ€™s what we know so far:
โœ… Traders have already lost MILLIONS!
โœ… Market sentiment is rapidly shifting!
โœ… Whale movements and suspicious activity spotted!

Will $LIBRA recover, or are we witnessing history repeat itself? This could be a pivotal moment for holdersโ€”stay sharp!

Are you still holding, or is it time to bail?

#Crypto #LIBRA #Write2Earn #TrendingTopic #Altcoins
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Milei is safe from the $LIBRA drama! ๐Ÿšจ The Argentine Anti-Corruption Office concludes: President Javier Milei did not violate the law when sharing about the memecoin $LIBRA on X. ๐Ÿ“œ The post caused the price of $LIBRA to soar to 4.5 billion USD before crashing, resulting in a loss of 250 million USD. Milei asserts he only "shared", not promoted, and has deleted the post. โš–๏ธ Meaning: The incident ends legal accusations, but Milei's reputation is affected ahead of the congressional elections. Warning: Be careful with memecoins and endorsements from celebrities! โš ๏ธ #Milei #LIBRA #Crypto #Argentina
Milei is safe from the $LIBRA drama!
๐Ÿšจ
The Argentine Anti-Corruption Office concludes: President Javier Milei did not violate the law when sharing about the memecoin $LIBRA on X.
๐Ÿ“œ
The post caused the price of $LIBRA to soar to 4.5 billion USD before crashing, resulting in a loss of 250 million USD. Milei asserts he only "shared", not promoted, and has deleted the post.
โš–๏ธ
Meaning: The incident ends legal accusations, but Milei's reputation is affected ahead of the congressional elections. Warning: Be careful with memecoins and endorsements from celebrities!
โš ๏ธ
#Milei #LIBRA #Crypto #Argentina
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Two crypto fraudsters celebrate a successful token deal #Libra
Two crypto fraudsters celebrate a successful token deal #Libra
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Bearish
The Collapse of Pumpdotfun Activity After the LIBRA Rug Pull Scandal The Pumpdotfun platform, which was hosting a large wave of new projects and tokens, suffered a severe blow after the rug pull associated with the LIBRA project. LIBRA is a fraudulent project launched on Pumpdotfun, which attracted investors with promises of quick profits, but ended with a rug pull โ€“ meaning the developers suddenly withdrew liquidity, leading to a collapse in the token's value and losses for investors. This incident heightened concerns about the platform's safety and the projects launched on it. How did this affect Pumpdotfun? ๐Ÿ“‰ The number of new tokens being launched daily on the platform has decreased by more than 90% since its peak in February. ๐Ÿ“‰ The number of "graduated" tokens (i.e., projects that meet certain criteria on the platform) has dropped by almost the same percentage. What does this mean? ๐Ÿ”น Declining trust: Investors and developers have become more cautious following what happened with LIBRA. ๐Ÿ”น Decreased liquidity and activity: With the drop in new token numbers, opportunities for quick speculation that attracted users to the platform are diminishing. ๐Ÿ”น Uncertain future: If the platform does not regain user trust, it may decline further or lose its importance to other platforms. This event reflects how rug pulls can destroy emerging projects, even if they initially achieve massive growth. #BitcoinPolicyShift #BTC #BTC่ตฐๅŠฟๅˆ†ๆž #libra $BTC {future}(BTCUSDT) $XRP {future}(XRPUSDT)
The Collapse of Pumpdotfun Activity After the LIBRA Rug Pull Scandal

The Pumpdotfun platform, which was hosting a large wave of new projects and tokens, suffered a severe blow after the rug pull associated with the LIBRA project.

LIBRA is a fraudulent project launched on Pumpdotfun, which attracted investors with promises of quick profits, but ended with a rug pull โ€“ meaning the developers suddenly withdrew liquidity, leading to a collapse in the token's value and losses for investors. This incident heightened concerns about the platform's safety and the projects launched on it.

How did this affect Pumpdotfun?

๐Ÿ“‰ The number of new tokens being launched daily on the platform has decreased by more than 90% since its peak in February.
๐Ÿ“‰ The number of "graduated" tokens (i.e., projects that meet certain criteria on the platform) has dropped by almost the same percentage.

What does this mean?

๐Ÿ”น Declining trust: Investors and developers have become more cautious following what happened with LIBRA.
๐Ÿ”น Decreased liquidity and activity: With the drop in new token numbers, opportunities for quick speculation that attracted users to the platform are diminishing.
๐Ÿ”น Uncertain future: If the platform does not regain user trust, it may decline further or lose its importance to other platforms.

This event reflects how rug pulls can destroy emerging projects, even if they initially achieve massive growth.

#BitcoinPolicyShift #BTC #BTC่ตฐๅŠฟๅˆ†ๆž #libra
$BTC
$XRP
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Bullish
$BTC dominance has climbed to 60%, up 5% in the past month and 12% over the past year, as altcoins struggle with volatility. $SOL , for example, is down 4% in the past day, trading around $185. The collapse of the #libra memecoin, linked to Argentine President Javier Milei, wiped out $4B in market cap and further eroded investor confidence in riskier assets.
$BTC dominance has climbed to 60%, up 5% in the past month and 12% over the past year, as altcoins struggle with volatility.
$SOL , for example, is down 4% in the past day, trading around $185.
The collapse of the #libra memecoin, linked to Argentine President Javier Milei, wiped out $4B in market cap and further eroded investor confidence in riskier assets.
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LIBRA Creator Hayden Davis Linked to WOLF Token Amid Fresh ControversyHayden Davis, the controversial figure behind the LIBRA meme coin, is once again in the spotlightโ€”this time for his alleged involvement with WOLF, a new token that has sparked concerns over insider manipulation. Blockchain analysis by Bubblemaps revealed that 82% of WOLFโ€™s supply was controlled by a small cluster of wallets, raising red flags about potential market manipulation. This revelation comes as Argentine authorities continue investigating Davis for his role in the LIBRA scandal. Davis launched WOLF around the same time rumors surfaced that Jordan Belfort, the real-life "Wolf of Wall Street," was introducing a meme coin under the same name. The buzz caught the attention of traders, especially within the WallStreetBets (WSB) community, pushing WOLFโ€™s market cap to $40 million. However, as seen with Davis' previous projects, the tokenโ€™s price soon plummeted, leading analysts to suspect a rug pull. Bubblemaps tracked WOLFโ€™s funds moving through 17 wallets and five different blockchains before landing in a wallet tied to Davis. The similarities between WOLF and his past projectsโ€”MELANIA and LIBRAโ€”fueled speculation that Davis has been orchestrating a pattern of coordinated token launches followed by crashes. Davis has a track record of high-profile meme coin scandals. LIBRA, one of his most infamous tokens, skyrocketed past $4 billion after receiving a brief endorsement from Argentine President Javier Milei, only to collapse shortly after. Blockchain investigators found that insiders who had acquired large amounts of LIBRA before Mileiโ€™s endorsement cashed out over $100 million, leaving retail investors with devastating losses. Following the LIBRA fallout, Davis admitted to his involvement and also confessed to launching a meme coin linked to former U.S. First Lady Melania Trump. His repeated role in meme coin controversies has attracted legal scrutiny, with Argentine lawyer Gregorio Dalbon even calling for an Interpol Red Notice that could lead to Davisโ€™ arrest and extradition. Critics argue that Davisโ€™ continued involvement in the crypto space underscores the lack of oversight in meme coin projects. The rapid launch of tokens tied to high-profile names has become a recurring strategyโ€”creating market hype before an inevitable crash. While traders continue to be drawn to the speculative nature of meme coins, the pattern of insider-driven price collapses has raised serious concerns. With mounting legal pressure, it remains 1uncertain whether Davis will face consequences for his actions. While some believe that investors should exercise caution before diving into speculative tokens, others are pushing for stricter regulations to curb high-profile manipulations like the ones Davis has been accused of orchestrating. The WOLF saga is yet another reminder of the risks and volatility within the meme coin market. As authorities increase scrutiny on such schemes, the future of unchecked meme coin launches may soon be in question. #CryptoNews #MemeCoins #WOLF #LIBRA #CryptoScandal $MEME

LIBRA Creator Hayden Davis Linked to WOLF Token Amid Fresh Controversy

Hayden Davis, the controversial figure behind the LIBRA meme coin, is once again in the spotlightโ€”this time for his alleged involvement with WOLF, a new token that has sparked concerns over insider manipulation.
Blockchain analysis by Bubblemaps revealed that 82% of WOLFโ€™s supply was controlled by a small cluster of wallets, raising red flags about potential market manipulation. This revelation comes as Argentine authorities continue investigating Davis for his role in the LIBRA scandal.
Davis launched WOLF around the same time rumors surfaced that Jordan Belfort, the real-life "Wolf of Wall Street," was introducing a meme coin under the same name. The buzz caught the attention of traders, especially within the WallStreetBets (WSB) community, pushing WOLFโ€™s market cap to $40 million. However, as seen with Davis' previous projects, the tokenโ€™s price soon plummeted, leading analysts to suspect a rug pull.
Bubblemaps tracked WOLFโ€™s funds moving through 17 wallets and five different blockchains before landing in a wallet tied to Davis. The similarities between WOLF and his past projectsโ€”MELANIA and LIBRAโ€”fueled speculation that Davis has been orchestrating a pattern of coordinated token launches followed by crashes.
Davis has a track record of high-profile meme coin scandals. LIBRA, one of his most infamous tokens, skyrocketed past $4 billion after receiving a brief endorsement from Argentine President Javier Milei, only to collapse shortly after. Blockchain investigators found that insiders who had acquired large amounts of LIBRA before Mileiโ€™s endorsement cashed out over $100 million, leaving retail investors with devastating losses.
Following the LIBRA fallout, Davis admitted to his involvement and also confessed to launching a meme coin linked to former U.S. First Lady Melania Trump. His repeated role in meme coin controversies has attracted legal scrutiny, with Argentine lawyer Gregorio Dalbon even calling for an Interpol Red Notice that could lead to Davisโ€™ arrest and extradition.
Critics argue that Davisโ€™ continued involvement in the crypto space underscores the lack of oversight in meme coin projects. The rapid launch of tokens tied to high-profile names has become a recurring strategyโ€”creating market hype before an inevitable crash. While traders continue to be drawn to the speculative nature of meme coins, the pattern of insider-driven price collapses has raised serious concerns.
With mounting legal pressure, it remains 1uncertain whether Davis will face consequences for his actions. While some believe that investors should exercise caution before diving into speculative tokens, others are pushing for stricter regulations to curb high-profile manipulations like the ones Davis has been accused of orchestrating.
The WOLF saga is yet another reminder of the risks and volatility within the meme coin market. As authorities increase scrutiny on such schemes, the future of unchecked meme coin launches may soon be in question.
#CryptoNews #MemeCoins #WOLF #LIBRA #CryptoScandal
$MEME
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Whale LIBRA Suffers Losses, Now Gets Compensation of US$5 Million USDC David Portnoy, the Libra crypto whale, gained a large position in the first 10 minutes of trading for the token. But then he lost 90%, which cost him between US$5.17 million and US$5.34 million. Then, after his biggest loss, Portnoy asked for compensation from Hayden Mark Davis, the creator of the Libra memecoin. Fortunately, Davis reimbursed Portnoy for US$5 million in USDC losses. Even so, Portnoy still believes that the Libra token is President Javier Milei's attempt to encourage economic growth for small businesses. It should be noted that the Libra memecoin experienced quite large losses, especially after the President of Argentina openly promoted the token on his X platform. Even though it had risen, the losses were quite large, reaching 90%. This loss was caused by the activity of 8 crypto wallets which was indicated by the project team, they took quite a lot of tokens so that the Libra memecoin experienced a big decline. Additional information, despite accusations of fraud, Libra memecoin continues to be traded actively. #MileiMemeCoinControversy #libra #GeopoliticalImpactOnBTC #BinanceAlphaAlert #MarketLiquidation
Whale LIBRA Suffers Losses, Now Gets Compensation of US$5 Million USDC

David Portnoy, the Libra crypto whale, gained a large position in the first 10 minutes of trading for the token. But then he lost 90%, which cost him between US$5.17 million and US$5.34 million.
Then, after his biggest loss, Portnoy asked for compensation from Hayden Mark Davis, the creator of the Libra memecoin. Fortunately, Davis reimbursed Portnoy for US$5 million in USDC losses. Even so, Portnoy still believes that the Libra token is President Javier Milei's attempt to encourage economic growth for small businesses.
It should be noted that the Libra memecoin experienced quite large losses, especially after the President of Argentina openly promoted the token on his X platform.
Even though it had risen, the losses were quite large, reaching 90%. This loss was caused by the activity of 8 crypto wallets which was indicated by the project team, they took quite a lot of tokens so that the Libra memecoin experienced a big decline. Additional information, despite accusations of fraud, Libra memecoin continues to be traded actively.
#MileiMemeCoinControversy #libra #GeopoliticalImpactOnBTC #BinanceAlphaAlert #MarketLiquidation
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What triggered #LIBRA 's 90% crash? ๐Ÿšจ The launch of $LIBRA by Argentinian President Javier Milei was intended to support the growth of the Argentine economy. ๐Ÿ‡ฆ๐Ÿ‡ท However, due to a poor understanding of how it works, rushed organization, and heavy selling, the market cap dropped from $4 billion to $200 million in just 5 hours. โฑ๏ธ๐Ÿ’ธ The price fell from a high of $4.50 to $0.40 (now), a decline of 91% ๐Ÿ“‰ #MileiMemeCoinControversy
What triggered #LIBRA 's 90% crash? ๐Ÿšจ

The launch of $LIBRA by Argentinian President Javier Milei was intended to support the growth of the Argentine economy. ๐Ÿ‡ฆ๐Ÿ‡ท

However, due to a poor understanding of how it works, rushed organization, and heavy selling, the market cap dropped from $4 billion to $200 million in just 5 hours. โฑ๏ธ๐Ÿ’ธ

The price fell from a high of $4.50 to $0.40 (now), a decline of 91% ๐Ÿ“‰

#MileiMemeCoinControversy
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