Javier Milei just DESTROYED the memecoin market:
Hours ago, Argentinian President Milei launched a memecoin, $LIBRA, for "the growth of their economy."
Within 5 hours, over -$4.4 BILLION of market cap was erased.
Is this the biggest rug pull in history?
(a thread)
๐งตThread on Meme Coins and Government in 2025: Consequences, Benefits.
1/ With Trump back in the White House, meme coins have gained new momentum. $TRUMP is one of the most popular, reflecting political influence in the crypto market.