Muyao Shen reports that Argentina President Javier Milei’s brief foray into the world of memecoins is leaving a mark on the Solana blockchain that hosts many such tokens.

The Solana-based token LIBRA linked to Argentine President Javier Milei showed major market volatility through a quick spike followed by a steep decline in its value. Nansen Research data shows that value losses amounting to $251 million occurred from trading decisions made by 86% of participants.

LIBRA’s collapse triggered fraud claims, insider trading accusations, and calls for Argentine President Javier Milei’s impeachment.

Following Argentine President Milei's meme coin promotion, the epicenter of Solana’s so-called casino, Pump.fun, is showing signs of cooling.

Who's Behind President Milei's Solana Meme Coin? President Javier Milei faced backlash for promoting the Solana-based meme coin LIBRA before retracting his support. Key figures behind the launch include Julian Peh,

Argentina's President Javier Milei has faced impeachment threats after promoting LIBRA, which supposedly helps small businesses. The token surged to a market cap of around $4.5 bi

Argentina recently launched a coin called the LIBRA token, a Solana-based meme coin promoted by President Javier Milei that has sent shockwaves through the crypto market. Earlier, the token skyrocketed to a market cap of $4.

Argentine President Javier Milei has found himself in a meme coin mess. These four men are allegedly behind the Solana token, Libra.

President Milei reposts a tutorial on buying $LIBRA, drawing heavy criticism after the cryptocurrency's value crashed, leading to over $4 billion in losses.

The crypto market is faltering this week, and Solana is stumbling more than most as a cooling memecoin craze depresses coin prices to their lowest level in several months. The crypto market overall is currently down after last week’s historic ByBit Bitcoin is down 12% in the last seven days,

LIBRA’s collapse triggered fraud claims, insider trading accusations, and calls for Argentine President Javier Milei’s impeachment.

The Solana-based token LIBRA linked to Argentine President Javier Milei showed major market volatility through a quick spike followed by a steep decline in its value. Nansen Research data shows that value losses amounting to $251 million occurred from trading decisions made by 86% of participants.