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LIBRA memecoin scandal

The LIBRA memecoin blowup drew scrutiny after Argentina-linked political promotion and a rapid loss cycle for late entrants.

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Key Facts

Peak metricSevere intraday drawdown after coordinated promotion
OutcomeTriggered cross-border debate over political promotion of memecoins
ChainSolana
Year2025
Typecollapse
Tags
solanamemecoinlibraargentina