VIVARA LIBERTAD (LIBRA) token surges 260%···Argentina President's LIBRA investigation task force disbanded

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MEXC LIBRA 4시간 봉 차트
MEXC LIBRA 4-Hour Candlestick Chart
The Solana-based meme coin Viva La Libertad (LIBRA) surged by over 260% around 11 PM the previous day. This occurred after news spread that Argentine President Javier Milei disbanded the investigation team related to the token. Viva La Libertad had previously surged after being promoted by President Milei on his social media, but then immediately collapsed to zero, causing a pump and dump controversy.

밀레이 대통령 X로 연결되는 코인마켓캡 LIBRA 공식 X 링크버튼
CoinMarketCap LIBRA Official X Link Button Connecting to President Milei

On the 19th, President Milei officially dissolved the Special Investigation Team (ITU) investigating the LIBRA scandal through a decree signed with Justice Minister Mariano Cuneo Libarona. While the official stance is that the investigation team completed its mission, the opposition strongly criticizes this and is urging the establishment of a new investigation committee. The token's dramatic price fluctuations raised suspicions of insider trading and market manipulation, significantly damaging the president's credibility.

According to local public opinion polls, approximately 58% of Argentine citizens said they no longer trust the president due to this incident.

비바라 리버타드(LIBRA) 토큰, 260% 급등…아르헨티나 대통령 LIBRA 조사 TF 해산 배경

Meanwhile, Viva La Libertad is a project established with the aim of revitalizing the Argentine economy.

Choi Joo-hoon joohoon@blockstreet.co.kr

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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