#MileiMemeCoinControversy The Milei case raises doubts about Solana

Solana accumulates its third consecutive day of decline. This movement is related to a controversy involving the president of Argentina, Javier Milei.

Last Saturday (15), Milei used his profile on X to promote a cryptocurrency built on the Solana network, LIBRA. The tweet caused an increase in the price of the asset, allowing its creators to carry out an alleged rug pull.

While the case could generate political problems for Milei, it has also revived the debate about the Solana network. On social networks, some users began to question whether the blockchain is becoming a center for fraudulent projects, due to its recurrent use for the creation of memecoins.