#阿根廷总统MEME币争议
The controversy over the Argentine president's MEME coin LIBRA has had a multi-faceted impact on cryptocurrencies, as follows:
● Trust level: The incident has dealt a heavy blow to investors' trust in cryptocurrencies, especially for coins such as MEME coins that lack intrinsic value and rely on speculation to support prices. Investors realize that even with the endorsement of politicians, cryptocurrencies may still have huge risks and fraud possibilities, and will be more cautious about cryptocurrency investments.
● Market order level: It has exacerbated the panic in the cryptocurrency market, leading to increased short-term market volatility, which may cause other MEME coins or related cryptocurrencies to fall in price. It also highlights the lack of effective supervision in the cryptocurrency market, prompting regulators in various countries to strengthen their scrutiny and supervision of the cryptocurrency market to prevent fraudulent behaviors such as the "carpet pulling" scam from happening again.
● Industry development level: It may discourage some companies or investors who originally planned to enter the cryptocurrency field, affecting the capital inflow and innovative development of the industry. It also makes cryptocurrency industry practitioners realize that they need to strengthen self-discipline and improve the transparency and standardization of projects, otherwise they will face stricter supervision and market elimination.