#MileiMemeCoinControversy
Miley Cyrus's endorsement of a meme coin ignited controversy, sparking concerns about celebrity influence in cryptocurrency. The coin's value skyrocketed initially, then plummeted, leaving investors with significant losses. Critics accused Cyrus of scamming fans, highlighting the risks of unregulated meme coins. The incident raised questions about accountability and transparency in crypto, with many pointing to Dogecoin (DOGE) as a cautionary tale. Cyrus's involvement underscored the need for caution in crypto investments.