Argentina's president, Javier Milei, talked about a new cryptocurrency called $LIBRA. He said it would help the economy. Lots of people got interested, and the coin's price went up quickly! But then, many thought it might be a trick, and the price went down fast. President Milei then said he didn't know much about the coin and deleted his post.
- President Milei first praised $LIBRA, a new cryptocurrency.
- The coin's value rose sharply after his support.
- The price then dropped quickly because people worried it was a scam.
- President Milei deleted his post and said he didn't know the details.
| Fact | Details |
|---|---|
| Coin Name | $LIBRA |
| Initial Price Reaction | Sharp increase |
| Later Price Reaction | Significant drop |
| President's Response | Deleted post, launched investigation |
