Big news in the world of cryptocurrency! A new coin called LIBRA zoomed up in price then crashed super fast. This caused a lot of problems for people who invested their money.
- A coin called LIBRA shot up in price then quickly lost almost all its value.
- People lost a lot of money because of this sudden crash.
- Experts are talking about better ways to protect people from risky coins.
- One company wants to make it easier for people to create coins but also safer.
| What happened | Details |
|---|---|
| LIBRA's price | Went from over $4 to under $0.50 very quickly. |
| Money lost | Over $107 million was taken by some people. |
| Total market value lost | $4.4 billion in just six hours! |
This is a reminder that investing in cryptocurrency can be risky. It's important to be careful and learn about what you're investing in.
