President Javier Milei's approval rating in Argentina has taken a hit following the controversial launch and subsequent collapse of the meme coin LIBRA. According to a Zuban Córdoba survey reported by Cointelegraph, a significant 58% of Argentinians now distrust the president after the incident. The LIBRA token, despite briefly reaching a market cap of $4.6 billion, experienced a dramatic 94% crash within hours, leaving many investors with substantial losses. This volatility and the association with the president have seemingly eroded public trust. While 36% of those surveyed still maintain trust in Milei, the plummeting approval numbers pose a challenge to his administration. The survey, conducted in March with 1,800 participants, highlights the potential impact of cryptocurrency ventures on political sentiment, particularly when linked to national figures. The long-term consequences for Milei's political agenda remain to be seen. ```