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Argentinian president Javier Milei promotes memecoin that then crashes 95% in apparent $100 million+ rug pull
(www.web3isgoinggreat.com)
this post was submitted on 15 Feb 2025
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How many times are people going to fall for this? Someone launches a new crypto and hypes it up, a bunch of random people buy into the hype, prices take a huge nose dive, repeat ad nauseam.
I mean, with all due respect, mostly these memecoins aren't promoted by presidents of countries with sized economies as investment opportunities.
Well, these were most likely Milei's voters, so what could you expect?
Because there will always be a new naive generation (aside from those severely mentally ill), a share of people will ALWAYS fall for it. Every year, new people will fall for it
So don't be surprised, be informed.