The #MileiMemeCoinControversy related to politicians represent an extremely risky instrument, as clearly demonstrated by the situation with Milei Meme Coin. The token's price sharply rose amid the excitement surrounding the name of Argentina's president Javier Milei, but then rapidly collapsed. This sparked a wave of discussions about the reliability of such assets and their impact on the market.

On one hand, such meme coins can serve as an indicator of public opinion and engage more people in the crypto industry. On the other hand, they attract inexperienced investors who may mistakenly perceive them as financially sound assets. In this case, it is unclear whether Milei directly supported this project or if his name was used without permission, but the mere fact of association with a politician creates an illusion of trust.

Moreover, the lack of clear regulation makes such cases even more dangerous. Investors who bought the token at its peak are unlikely to recover their lost money. The question is whether authorities should impose restrictions on such projects or if users themselves bear responsibility for the risks they take.