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Why are you selling your Pi? You don't wanna be a millionaire?mmm

The post LIBRA Meme Coin Crashes 42.7%: Argentina’s Milei Faces Backlash appeared first on Coinpedia Fintech News LIBRA, a meme coin supported by Argentinian president Javier Gerardo Milei, has experienced a sharp drop of 42.7% in the last seven days. An on-chain data by Nansen, a leading on-chain analytics platform, shows that a significant number of traders have suffered huge losses. Though Milei has deleted the post published in support of the meme coin, the opposition has demanded the initiation of the impeachment procedure against the president, terming the action of the leader of the country as an international embarrassment. LIBRA Meme coin’s Rapid Rise and Fall At one point, the market cap of LIBRA touched as high as $4.5 billion. Notably, it happened shortly after President Milei published an X post supporting the meme coin. Milei originally projected the project backing the meme coin as the one that would support the growth of the Argentinian economy and business landscape. It was the primary reason why the coin received unusual attention from the crypto community. Reports indicate as many as 40,000 crypto traders jumped into the market during this stage. However, the market cap of the token dropped sharply by over 90%, when insiders offloaded huge numbers of tokens, as per reports. By the time Milei realised his huge mistake and deleted his message from X, traders suffered huge losses. According to the Nansen data, at least 70% of wallets trading the LIBRA meme coin token from February 16 to 18 suffered huge losses. Reports show that on February 18 the number of token holders declined from 50,000 to 35,770. Also Read : Pi Coin Launch Sparks Wild Price Swings – Sell or Hold? , Dark Reality of Political and Celebrity-Backed Meme Coins The LIBRA meme coin scandal serves as a cautionary tale about political and celebrity-backed meme coins. Investors, regulators, and governments must be wary of such hype-driven projects to avoid massive financial losses. LIBRA Market Overview The current market cap of LIBRA stands at $439,032 and its 24-hour trading volume at $154,858. In the last 30 days, the market has seen a drop of 65.1%. The price of LIBRA has declined by nearly 44.2% in the last 24 hours alone. As of now, the LIBRA price stands at $0.0004564. Never Miss a Beat in the Crypto World! Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. Subscribe to News

Why didn't he bring new coins from Catboy in my account ?

$TUP 🚀 TenUP: The Next 100x Low-Cap Opportunity? 🚀 Every bull cycle brings hidden gems that explode when the market turns. TenUP was once at 1.04$, and now it’s trading at a fraction of that. But here’s why this might be the perfect accumulation zone: 🔹 Active Development: Mini-games, Basechain, Copy Trading, and Staking are in motion. 🔹 Low Market Cap: Small caps move the fastest in altseason. 🔹 Upcoming Listings: More visibility, more volume, more potential. 📉 Current price looks cheap, but will it stay this way? Altcoins with strong fundamentals don’t stay undervalued for long. Are you watching before the breakout or chasing after it happens? ⏳ $IP $PI $NS $BTC $ETH $MOVE $ALVA

XRP, one of the leading cryptocurrencies by market capitalization, has been a topic of intense discussion in the crypto space. Despite facing regulatory challenges, the asset has maintained strong fundamentals, and many analysts believe it is poised for a significant rally. With the potential for mass adoption and increasing institutional interest, XRP could break past its previous all-time high (ATH) of $3.84, set in January 2018. Here’s why XRP is looking bullish and why a new ATH might be on the horizon. ### 1. **Regulatory Clarity Boosts Investor Confidence** One of the biggest obstacles XRP has faced was the lawsuit from the U.S. Securities and Exchange Commission (SEC), which alleged that Ripple Labs had conducted an unregistered securities offering. In 2023, a landmark ruling determined that XRP is **not a security** when sold on exchanges, removing a significant cloud of uncertainty from the asset. This regulatory clarity has renewed investor confidence, making XRP more attractive to both retail and institutional investors. ### 2. **Institutional Adoption and Use Case Expansion** Unlike many cryptocurrencies that are primarily used for speculation, XRP has a **real-world use case** in the financial sector. Ripple’s **On-Demand Liquidity (ODL)** service leverages XRP for seamless and low-cost cross-border transactions. With major partnerships with **banks, remittance companies, and financial institutions**, XRP is positioned as a key player in global payments. As more institutions integrate XRP into their operations, demand for the token is expected to rise, driving up its price. ### 3. **Favorable Market Conditions and Crypto Bull Cycle** Historically, major cryptocurrencies tend to reach new ATHs during strong **bull markets**. With Bitcoin’s halving in 2024, many analysts predict a new bull cycle, which could drive capital into top-performing assets like XRP. If the crypto market sees an influx of institutional funds, XRP could experience exponential growth, similar to previous market booms. ### 4. **XRP’s Superior Technology and Scalability** XRP stands out due to its unique **XRP Ledger (XRPL)**, which is significantly faster and more energy-efficient than proof-of-work (PoW) blockchains like Bitcoin. Key advantages include: - **Transaction speed**: XRP transactions settle in **3-5 seconds**. - **Low fees**: Transaction costs are typically **less than $0.01**. - **High scalability**: XRPL can handle up to **1,500 transactions per second (TPS)**. These features make XRP a preferred choice for **global payments, remittances, and enterprise solutions**, further supporting its bullish case. ### 5. **Ripple’s Expansion and CBDC Integration** Ripple has been actively working on **Central Bank Digital Currency (CBDC) initiatives**, collaborating with governments and central banks to explore blockchain-based financial solutions. If XRP becomes a bridge currency for **CBDCs and international settlements**, it could significantly increase its adoption and value. ### 6. **Supply and Demand Mechanics** XRP has a **fixed supply of 100 billion tokens**, with a portion locked in **escrow** to control inflation. As adoption grows and more tokens are utilized for transactions, the **reduced circulating supply** could create upward pressure on price. If demand surges while supply remains controlled, XRP could experience a price breakout. ### **Will XRP Make a New All-Time High?** Given these bullish factors, many experts believe XRP could surpass its previous ATH of $3.84 and potentially reach **$5 or higher** in the next bull cycle. While short-term fluctuations are inevitable, the long-term fundamentals suggest that XRP is well-positioned for substantial growth. ### **Conclusion** XRP’s combination of **regulatory clarity, institutional adoption, technological superiority, and favorable market conditions** makes it one of the most promising cryptocurrencies in the space. As Ripple continues to expand its ecosystem and drive real-world utility, a new all-time high for XRP seems not just possible, but likely in the coming years. Investors and traders will be watching closely as XRP takes center stage in the evolving digital asset landscape. --- *Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions.*