# MileiMemeCoinControversy

At 19:01 last Friday, the president of Argentina, Javier Milei, posted a message on his personal account on X, promoting the launch of a new cryptocurrency called $LIBRA.

"Liberal Argentina is growing!!! This private project will be dedicated to encouraging the growth of the Argentine economy by funding small businesses and Argentine ventures. The world wants to invest in Argentina. $LIBRA," the libertarian leader published, who has always been an enthusiast of the tokenization of the economy.

Milei's message included a link to the venture, called "Viva la libertad project," a clear reference to the slogan of the Argentine president, who ends all his speeches shouting "Viva La Libertad Carajo" or VLLC.

After this endorsement, the market capitalization of the cryptocurrency rose above US$4 billion, fueled by around 40,000 buyers, according to experts.