The rise and fall of meme coins, particularly highlighted by Hailey Welch’s $Hawk Tuah and Argentina’s $LIBRA, showcase a volatile cryptocurrency landscape. These coins often attract early investors with the promise of quick riches, only for the value to plummet as key players cash out. The $LIBRA coin, launched by President Javier Milei, surged to ...
Coinbase CEO Brian Armstrong recently stirred the crypto debate by labeling Bitcoin as “somewhat a meme coin.” He argued that Bitcoin’s value relies more on community belief than on technology or utility, similar to how meme coins derive their worth from cultural significance. This commentary comes amid a significant downturn in the meme coin Market, ...
Javier Milei, Argentina’s president, faces a significant political crisis after promoting a new cryptocurrency called $Libra, which quickly became a scam, leaving many victims. After his endorsement caused the crypto’s value to soar, he deleted his post, claiming he wasn’t well-informed. This misstep led to calls for his impeachment and legal issues. In response to ...
On Friday night, Argentine President Javier Milei stirred controversy by promoting a new cryptocurrency called $Libra on social media. Initially thought to be hacked, it soon became clear that Milei did endorse the project, which aimed to help local businesses. However, the token quickly dropped from nearly $5 to around $1, raising red flags about ...
