TITLE OF “BIGGEST RUG PULLER OF 2025” GOES TO… THE PRESIDENT OF ARGENTINA
#mileiscam A few hours ago, Argentine President Javier Milei launched a memecoin called LIBRA, claiming that it was intended to “boost economic growth.” The coin’s market cap skyrocketed to nearly $$ 5 billion due to FOMO.
➡️ But in just 5 hours, over $$ 4.4 billion in market cap was gone.
On-chain verification:
✅ $$ 87.4 million dumped in the first 3 hours.$ETH
✅ 82% of the total LIBRA supply was held in a single wallet cluster.
✅ No public tokenomics were released.
✅ Developers bypassed regulations by creating a one-sided liquidity pool on Meteora, using only LIBRA, making the project’s liquidity appear legitimate. $SOL
✅ 11 internal wallets dumped LIBRA, pocketing an estimated $$ 44 million in profits.
Following the drop, Javier Milei deleted his post and stated that he was “not aware of the details of this project.” 🙏 $BNB
Libra Token Endorsed by Argentine President Javier Milei Drops Over 94%, Analysts Point to Major Scam
Internal wallets began withdrawing just three hours after the token’s launch, wiping out over $$ 4 billion from its market cap.
BNB 660.12 -0.76%
TRUMP 19.88 +3.27%
XRP 2.8031 +3.61%
If even the leader of a nation can pull the rug out from under the community, who can we trust more? 🤡