#MileiMemeCoinControversy

Memecoin, the controversial cryptocurrency promoted by Argentine President Javier Milei, is a digital asset with viral behavior and high volatility. Therefore, anyone who chooses to acquire it must be aware of the risks involved. "It cannot be considered an investment," says José Cassiolato, partner at RGW Investimentos.

What is a memecoin?

A memecoin is a cryptocurrency that gains value virally, depending on its spread on the internet. "It often ends up being associated with celebrities, because this is an interesting way to go viral," says Cassiolato.