The Libra token witnessed a disastrous plunge after insiders cashed out 107 million USD within hours of its launch. Initially valued at 4.56 billion USD, it collapsed to 257 million USD, marking a staggering loss of nearly 94%.
Javier Milei distanced himself from the token following the fallout, addressing the political backlash and blaming opponents for exploiting the situation to harm his image.
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