LIBRA has fallen more than 85% since its peak this morning, with a 4-hour trading volume of $1.2 billion

02-15

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According to GMGN market data on February 15, the Meme coin LIBRA, allegedly launched by Argentine President Javier Milei, has dropped more than 85% after reaching a high of $4.61 this morning, currently trading at $0.614, with a market capitalization of $600 million. The trading volume has reached $1.2 billion within 4 hours of its launch.

BlockBeats previously reported that Argentine President Javier Milei announced the launch of the Meme coin LIBRA and published the contract address through his official X account this morning. Although his Instagram account also posted the same tweet, the sluggish price movement has raised questions about whether his account was compromised.

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