Libra (LIBRA)

Libra (LIBRA), an Argentine President Javier Milei endorsed token, experienced a strong rise and hype followed by a sudden downfall.

A single tweet from President Milei propelled LIBRA price to $34.5 and created a staggering $4.5 billion market cap. However, this rally was short-lived as the token lost 92% of its value within hours, erasing millions.

Investors faced heavy losses as the initial hype turned into disaster, raising concerns about speculation-driven assets and the volatility of political influence in crypto markets.