Why Is Milei Under Fire for Memecoin Support? 🇦🇷
Argentinian President Javier Milei is under heavy scrutiny following his endorsement of the LIBRA memecoin. This digital currency operates on the Solana blockchain and has recently experienced a catastrophic 95% drop in its value after an initial surge. Milei's support for the cryptocurrency has drawn significant criticism, with accusations that he is encouraging risky investments in such volatile assets.
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