Suddenly, the number of Memecoins, who fell and fell to their investors, was increasing day by day. We often encountered such events. Another new one has been added to them.

A crypto currency unit called “LIBRA ği, which was based on Argentina President Javier MilEi on the X account, rose significantly to a short period of time. However, after the deletion of Milei’s shipment, there was a big decline.

After 4.5 billion dollars reached the price, it crashed into the base, billions of dollars were deleted from the market

Milei shared a reinforcement to Coin named LIBRA, which is a fading chest coin from his account yesterday and promised to support the Argentine Economics. Following this sharing, crypto currency was on the flight and up to 4.5 billion dollars at the market cost.

However, some of the stones about Memecoin’s reliability came with them. Following this, Milei removed his basis for his account. In a different sharing, he did not know the details of the project and will no longer be sharing that supports LIBRA. That’s why he said he had deleted his post.

Following this explanation, the price of Lıbra collapsed to the base. It was so deleted from the market of $ 4.4 billion, while losing up to 90 %. So many people you can understand have lost big money.

There are even arguments that it is fraud. It is said that some investors from the inside have knowledge about these events and that they sell their tokens after making a hill. It has been suggested that the developers of the project attracted money around 100 billion dollars. That’s why there are big criticisms for Milei.

This is an other indication of how risky it is to the Memecoins and that they should never be trusted. If you encounter this procedure, you should stay away because the majority of the people come out to do.