Imagine a super-fast roller coaster! That's kind of what happened with a new cryptocurrency called Libra. It zoomed up in value, then crashed down super fast. This was all tied to a tweet from Argentina's president!
- Libra's value shot up over 2000% in just 40 minutes.
- Then, it lost almost all its value in a few hours.
- People who bought Libra early made a lot of money, then others quickly sold, causing the price to plummet.
- The president said he didn't know much about Libra before tweeting about it.
| Fact | Number |
|---|---|
| Highest market value of Libra | $4.4 billion |
| Percentage lost by Libra | More than 95% |
| Trading volume after launch | $1.1 billion |
| TRUMP memecoin market cap loss | $500 million |
