LIBRA Memecoin Crash: 86% of Traders Suffer Massive Losses in $251M Collapse
A shocking analysis reveals devastating losses exceeding $1,000 for most investors in the LIBRA memecoin, previously endorsed by Argentina's president. The $251 million total loss highlights the dangers of celebrity-endorsed cryptocurrency investments and may trigger increased regulatory scrutiny.
Barstool's Portnoy Sparks Controversy with GREED Token Pump and Dump Scheme
Dave Portnoy, founder of Barstool Sports, created and abandoned a meme coin called $GREED within one hour, causing a 90% price crash after selling his 35.79% stake. The controversial move, which netted him $258,000, was followed by the immediate launch of GREED2 token amid growing concerns about meme coin manipulation.
Trump Meme Token Announces President's Day Airdrop for Official Merchandise Buyers
The TRUMP meme coin project launches a President's Day promotion offering three tokens worth $48 to buyers of official Trump merchandise and collectibles. The initiative targets customers who purchased items like NFTs, sneakers and watches before February 15, with claims open until March 1.
Crypto Whistleblower Exposes $200M Memecoin Market Manipulation Ring
DefiTuna's founder reveals evidence of a massive market manipulation scheme involving M3M3 launchpad and multiple high-profile tokens. The scandal implicates prominent industry figures and details sophisticated tactics used to extract millions from unsuspecting investors.
Crypto Scandal: LIBRA Meme Coin Team Linked to Multiple Rug Pull Schemes
Blockchain analysts have uncovered concerning connections between the collapsed LIBRA meme coin and several questionable crypto projects, including the MELANIA token. The investigation began after LIBRA's market cap surged to $4.5B following an endorsement by Argentina's president, before crashing 90% amid suspicious trading activity.
CAR President Launches Controversial Meme-Coin Despite Previous Bitcoin Setbacks
Central African Republic's President Touadéra unveils $CAR cryptocurrency as an experimental initiative to boost development, despite its 90% post-launch plunge. The move follows CAR's limited success with Bitcoin adoption in 2022, raising both hopes and concerns about the nation's crypto ambitions.
Former Binance CEO Reveals Personal Investment Strategy: No Meme Coins or NFTs
Changpeng Zhao (CZ) shares his conservative investment approach, focusing on fundamental value while addressing Binance's token listing practices and the explosive growth of meme coins. The former CEO maintains a balanced perspective on the cultural impact of these assets despite choosing not to invest in them personally.
Trump Cryptocurrency Launch Creates Early Winners and Many Losers
Early investors in Trump's cryptocurrency reaped massive profits up to $109 million while over 810,000 later buyers lost billions as the token crashed. The controversial launch has sparked investigations amid questions about Trump's involvement and regulation violations.
Crypto Trader's $1 Million Meme Coin Windfall Raises Market Manipulation Concerns
A trader turned $1,500 into $1 million in just three hours trading JellyJelly meme coin, sparking intense debate about market manipulation and insider trading. The sophisticated trading pattern and precision timing have experts worried about cryptocurrency market stability and potential regulatory scrutiny.
Viral Memecoin Launch Drives Pump.fun to Record-Breaking $15M Daily Revenue
Solana-based platform Pump.fun hit a new milestone with $15.38M in single-day fees, driven by the viral launch of Vine Coin backed by the app's co-founder. The platform's meteoric rise includes processing $4B in recent trading volume despite growing competition and regulatory scrutiny.