[2025-02-15] The latest IT, economic, blockchain and coin news
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2025-02-15 | Curator: CryptoTerminal
Argentina’s President Javier Milei Launches Solana Meme Coin—LIBRA Crashes 89%
The X account of Argentina's President Javier Milei promoted a Solana meme coin called LIBRA late Friday. Traders initially piled in to purchase the coin, which surged to a market cap of about $4.5 billion—but amid growing doubts over the legitimacy of the launch and whether it was a pump-and-dump scam, the price has since plummeted. LIBRA has plunged by about 89% since it peaked just hours earlier after it was announced on X (formerly Twitter). Data from crypto analytics platform DexScreener sh...