Mahi Singla
@mahisingla
Politician-Linked Meme Coins Face Backlash: Cryptocurrencies endorsed by political figures, often termed "meme coins," are encountering significant criticism. The recent collapse of Argentina's Libra cryptocurrency, promoted by President Javier Milei, has intensified scrutiny. Similar tokens associated with figures like former U.S. President Donald Trump have also faced challenges, raising concerns about the volatile nature of such assets and their potential impact on the crypto industry's reputation.
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