Casa Paura e avidità Piscine minerarie Portafogli Dizionario pubblicizzare Facebook Twitter Telegram Reddit Youtube
Mercato:
24h Vol:
Cryptocurrencies: 12837
Mercata: 99741
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Mercato
24h Vol
12837
Cryptocurrencies
60.66%
Bitcoin Condividere
CoinDesk 2025-02-20 08:58:54

LIBRA Memecoin Fiasco Destroyed $251M in Investor Wealth, Research Shows

LIBRA Memecoin Fiasco Destroyed $251M in Investor Wealth, Research Shows

The LIBRA memecoin scandal that rocked Argentina over the weekend destroyed millions of dollars in investor wealth, according to research by Nansen. On-chain data tracked by Nansen show 86% of traders lost a total of $251 million, while the winners secured just $180 million in profits. In other words, it was a "net-negative wealth-generating" event that potentially sucked out liquidity from the market. The episode is a stark reminder that tokens associated with political figures can be just as risky as random memecoins and celebrity cryptocurrencies in making or breaking fortunes within minutes. LIBRA debuted on Meteora, a Solana-based decentralized exchange, last Friday and quickly surged to a market cap of over $4.5 billion after Argentina's President Javier Milei said on X that the project backing the coin would "focus on encouraging the growth of the Argentine economy, funding small businesses, and Argentina ventures." Over 40,000 crypto addresses piled into the token, fueling a surge in price. The bullish excitement, however, was short-lived. The balloon popped as insiders offloaded massive numbers of tokens, tanking the market cap by 90%. Read more: Will Argentinian President Milei's Crypto 'Fiasco' Be a Deathblow for Memecoin Craze? Milei eventually deleted his X post, saying he was "not aware of the details of the project" and, now informed, has chosen not to continue promoting it. By then, though, the damage was done. The opposition called the whole affair an international embarrassment and threatened to impeach Milei . "70% of wallets trading $LIBRA from February 16th to 18th ended with realized losses as many likely attempted to profit off of the additional retweet from Javier Milei," Nansen said in a report shared with CoinDesk. The number of unique holds of the token fell to 35,770 on Feb. 18 from over 50,000 on Feb. 14. Meanwhile, two wallets that bought the token at 22:01 UTC and sold by 22:44 UTC on Feb. 14 made just over $5.4 million in total profit, the report noted.

La maggior parte ha letto le notizie



Cryptohopper
Mercato
24h Vol
60.66%
Bitcoin Condividere
470
Oggi notizie
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta