#代币流动信号 days ago, Argentine President Javier Milei publicly endorsed a cryptocurrency called 'LIBRA' on social media, claiming that the token aims to support the economic development of Argentine businesses. Following the announcement, the token's price quickly soared to over $4. However, the good times didn't last long, as its price plummeted by 85% within the next few hours, resulting in a sudden evaporation of $4 billion in market value. Milei also faced a collective lawsuit for promoting the token.

On February 20, according to a report from Nansen Research, 86% of cryptocurrency traders suffered losses after investing in LIBRA endorsed by President Milei, with total losses amounting to $251 million.