#MileiMemeCoinControversy
In Argentina, the "crypto scandal" shook the Casa Rosada. After President Javier Milei promoted the cryptocurrency known as $Libra through his X account, it plummeted by almost 100%, resulting in losses for thousands of users who trusted the words of the leader. This caused great unrest in the political and economic world, where they accused the far-right leader of fraud.
Cryptocurrency experts expressed their concern about the negative impact on public trust, while the American newspaper The New York Times published an article comparing him to Donald Trump and referred to the situation as a "political storm," emphasizing the need for greater regulation and transparency in this market.
In the last decade, the creation of these tokens has become more common than we think, with more than two and a half million cryptocurrencies to date. This figure has grown significantly due to the ease of creation and ongoing innovation in the crypto market. Every day thousands of new tokens are launched, although not all manage to sustain over time, as happened with $Libra in Argentina.