Watch the 48-hour farce of Argentina's President 'LIBRA Coin' on #阿根廷总统MEME币争议

On February 15, 2025, Argentine President Milei grandly launched the Meme coin LIBRA, claiming to 'revitalize the economy.' The token's market value once soared to $5 billion but plummeted 90% within hours, with the team cashing out over $100 million and investors left with nothing. Ironically, the president later claimed he 'did not participate in the project development,' while on-chain data showed insider traders had positioned themselves early, with one address making $8.7 million in just one hour.

In contrast, Trump's TRUMP coin skyrocketed to a market value of $10.7 billion after its launch in January 2025. His business empire controls over $20 billion in token assets, with family-affiliated companies holding 80% of token supply. In the next three years, it may release a market value of $24 billion. Despite ongoing controversies, TRUMP coin, with the aura of the 'cryptocurrency president,' has surpassed Dogecoin to become the new Meme king.