Big news in the world of cryptocurrency! A new coin called LIBRA, linked to Argentina's president, had a wild ride. It started super high, then crashed quickly, leaving many people with big losses.
- LIBRA's price went up very fast after Argentina's president talked about it.
- Many people bought LIBRA hoping to get rich quickly.
- The price then dropped super fast, causing big losses for most investors.
- The president said he didn't know much about LIBRA after the crash.
Fact | Number |
---|---|
Total Losses | $251 million |
Total Profits | $180 million |
Percent of Losers | 86% |
Highest Market Cap | Over $4.5 billion |