#MileiMemeCoinControversy
🚨 Milei’s Meme Coin Disaster! $LIBRA Crashes 90% After Presidential Endorsement 🚨
Argentina’s President Javier Milei promoted Solana-based meme coin $LIBRA—and within hours, it crashed over 90%! 📉💀
🔹 What Went Wrong?
Milei’s post hyped $LIBRA as a private project to boost Argentina’s economy, pushing its market cap to $4.5B! 🚀 But then, red flags appeared:
❌ 82% supply controlled by a few wallets
❌ No clear roadmap
❌ Massive sell-offs triggered panic
Within hours, millions were wiped out! 💥
🔹 Milei’s Response?
After backlash, he deleted the post, claiming he was “unaware of the details” 😳—despite endorsing it. Déjà vu? He was linked to the Coinx World scandal in 2022!
🔹 Bigger Picture
Political meme coins = 🚨 High risk!
⚠️ $TRUMP Coin – Pumped, then dumped 50% 📉
⚠️ $CAR Coin – Central African Republic’s failed crypto experiment 💀
💡 Lesson: Hype ≠ Value! DYOR before investing in political meme coins!
Is this the beginning of the end for politically backed crypto? Or just another wild chapter in crypto history? 🤔🔥
#mileiscam #CryptoScandal #meemcoins #MileiMemeCoinControversy