#MEMECOINS

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LIBRA memecoin was marketed as a financial tool to support Argentina's economy by helping startups and small businesses access capital. However, is it really the case? Despite initially reaching an FDV of $4.5 billion, the value of LIBRA memecoin plummeted by 90%, causing significant losses for investors. If LIBRA memecoin was truly a serious economic initiative, why wasn't there a clear and transparent financial model?

Although the trading volume was $1.13 billion, LIBRA memecoin's liquidity was weak, with only $59.5 million. This creates an opportunity for whales to manipulate the market, easily pushing the price up and then dumping their holdings, leaving retail investors stuck. LIBRA memecoin is clearly a pump & dump scheme, and if you're considering investing in this token, ask yourself: "Am I fast enough to exit before the crash?"

Regarding control, 50% of the total supply of LIBRA memecoin is held by a single wallet, and the top three wallets control nearly 90% of the total supply. This means that a few individuals or organizations can easily manipulate prices and decide when to dump the token. LIBRA memecoin, with such high centralization, is not a safe investment.

The ones who profited the most from LIBRA memecoin were those who bought large amounts before the price surged and sold at the peak. Some traders made between $4M and $8M, with many earning 5-7 times their initial investment. When you see a small group making millions while the majority loses money, it’s a clear sign of price manipulation and insider trading. LIBRA memecoin is not a fair playing field.

LIBRA memecoin clearly has many issues, ranging from a lack of transparency to market manipulation and high investment risk.