Crypto whales are making significant moves ahead of the highly anticipated TRUMP gala dinner, with several tokens seeing remarkable increases in holdings. In an unexpected surge, CYCLE’s whale accumulation skyrocketed
Stellar is showing signs of strength after reclaiming a historic support level. With bullish structure forming and key confluences in place, a breakout toward $0.35 could be underway. Stellar ( XLM ) is trading at a critical technical level that has historically acted as a major barrier. Recently flipped into support, this zone could now serve as the foundation for a fresh bullish rally. The current market structure shows clear higher highs and higher lows, and with price action bouncing 1.17% off this zone, XLM appears poised for further upside. This technical setup aligns with strong support from both the volume profile and moving averages, increasing the probability of a bullish continuation. Key technical points Key Support Reclaimed: The $0.20 level, resistance since April 2022, has been flipped into support. Bullish Market Structure: Price is forming a rising channel with higher highs and higher lows. Confluence of Support: XLM is bouncing off a zone supported by the 200-day MA, point of control (POC), and channel trendline. Volume Behavior: Declining volume at support often precedes an influx, which could propel price upward. XLMUSDT (1W) Chart, Source: TradingView XLM’s technical structure is favoring the bulls following a confirmed bullish retest of the $0.20 level, a resistance that had suppressed price since Q2 of 2022. This high-timeframe breakout is significant. Not only has the level held as support throughout 2025, but it also aligns with a broader market shift in sentiment. XLMUSDT (4H) Chart, Source: TradingView From a structural standpoint, the asset is making a series of higher lows and higher highs, confirming an uptrend. On the intraday charts, price is trading within a bullish ascending channel, currently testing the lower boundary, a level supported by the 200-day moving average and the POC. These technical markers strengthen the credibility of this zone as a strong demand area. You might also like: Chainlink eyes $19.77 breakout, SUI targets $10, XYZVerse surges with 25,000% gains forecast A bounce from here is already underway, with a 1.17% uptick, but this could just be the beginning. Volume has declined at the support zone, a behavior often observed before a strong directional move. If the next influx is dominated by buyers, XLM could accelerate toward the next major resistance at $0.35, a level that hasn’t been tested since late 2023. What to expect in the coming price Action If support at $0.20 continues to hold and is followed by a volume-backed move, XLM could rally toward the $0.35 region in the short term. With bullish structure in place and key levels aligned, the outlook remains positive unless key supports break down. Read more: Solana price rises 3% as bulls eye new momentum
The post Wall Street Ponke Price Outlook: Why $WPONKE is Emerging as the Top Undervalued Crypto Pick for 2025 appeared first on Coinpedia Fintech News In a sea of speculative tokens and empty promises, Wall Street Ponke is quickly capturing the spotlight as a rare gem with real fundamentals. Priced at just $0.00026 , $WPONKE may look like a typical low-cap coin at first glance, but what lies beneath is an ecosystem that is rewriting what meme coins can be. With an astounding staking APY of 1232 percent and a robust platform that prioritizes security, education, and sustainable growth, Wall Street Ponke is being hailed by early investors as one of the most undervalued opportunities ahead of the next crypto market breakout. Where most meme coins rely on influencer hype and vague roadmaps, Wall Street Ponke brings something different — a concrete, working system that protects and empowers its holders. One of the platform’s core features is its AI-powered fraud detection engine , a cutting-edge tool that monitors every new token entering the market. By analyzing on-chain data and behavioral patterns, it delivers instant alerts on potential scams, poorly written contracts, or malicious liquidity setups. This gives everyday traders a powerful edge in avoiding the traps that have cost millions across the crypto space. WITH THE $WPONKE SCAM DETECTION SYSTEM YOU’RE NOT JUST INVESTING YOU’RE STAYING AHEAD PROTECTED AND FULLY AWARE #WPONKE $WPONKE : https://t.co/lQk6PYik7O pic.twitter.com/0SIlB9YQcf — Wall Street Ponke (@Wallstreetponke) May 14, 2025 Democratizing Knowledge: Wall Street Ponke’s Built-In Crypto Learning Hub But Ponke is not just about protection. It is about progression. The platform includes an e-learning center that breaks down complicated crypto topics into digestible, actionable lessons. From understanding how gas fees work to building strategies around staking and DeFi, this learning hub gives users access to information often hidden behind paywalls and gated Discord servers. Wall Street Ponke is creating a culture where transparency is the norm and knowledge is freely accessible. As more users discover its value, the token’s unique staking model is proving to be a major attraction. With staking rewards exceeding 1000 percent annually , holders are already earning while they wait for the market to recognize the project’s full potential. This not only reduces short-term sell pressure but also fosters a loyal and engaged community. Several crypto analysts are already pointing to Wall Street Ponke as a sleeper hit in the meme coin sector, praising its blend of tech innovation, community focus, and economic incentives. Why $WPONKE Could Lead the Next Meme Coin Evolution Wall Street Ponke is not just a token — it is a complete system designed for the future of trading. The combination of a low entry price, real-world utility, and bold technological integration positions it far ahead of the typical meme coin crowd. It is setting a new standard by offering users tools they can actually use and rewards that make sense for long-term holding. The platform’s use of artificial intelligence is another sign that this is no ordinary meme play. With real-time risk alerts and smart scanning for new tokens, it acts as a digital bodyguard for your crypto portfolio. It protects. It educates. And it pays. Getting In Early Is Easy and Accessible Buying $WPONKE is straightforward. Visit wallstreetponke.com , connect your MetaMask or Trust Wallet , and use ETH , USDT , BNB , or even a card to join the presale. The setup is user-friendly, fast, and designed for all levels of crypto experience. In a market that is constantly searching for the next big win, Wall Street Ponke might just be that rare opportunity that combines meme coin energy with serious long-term value. With its presale still open and momentum building, now may be the time to act — before the rest of the market catches on. Official website and socials: Official website: https://wallstreetponke.com X (Twitter): https://x.com/Wallstreetponke Telegram: https://t.me/wallstreetponke
In the ever-evolving landscape of digital assets, it’s not uncommon to see spirited debates between communities advocating for different cryptocurrencies. But sometimes, what begins as a technical discussion devolves into tribalism. This is exactly what prompted the latest rebuttal from the All Things XRP community, following a post by Bitcoin advocate Pierre Rochard, who referenced an early quirk in XRP Ledger’s history as a subtle dig at its legitimacy. In a tweet captioned simply “Sir,” Rochard highlighted a snippet from the XRP Ledger documentation explaining that due to a mishap in the ledger’s early days, the first 32,569 ledgers were lost. As a result, ledger #32,570 is the earliest available on record. The post went on to explain that a reset to index zero would have caused significant disruption, so ledger #32,570 was adopted as the de facto “genesis” ledger. While factually accurate, the underlying tone of Rochard’s post struck a nerve with many XRP supporters, who saw it not as a technical insight but as yet another veiled jab from the Bitcoin maximalist camp. In response, All Things XRP delivered a powerful and eloquent rebuttal, emphasizing unity, pragmatism, and the need to move past the toxic tribalism that has held the broader crypto community back for far too long. Beyond Tribalism: Crypto Isn’t a Zero-Sum Game The All Things XRP response opens with an important reminder: this space is big enough for everyone. Supporting one project doesn’t have to mean undermining another. Many XRP supporters, including those responding to Rochard, have cheered for Bitcoin’s success from the beginning. Not because they think XRP should be subordinated, but because Bitcoin’s rise has lifted the entire industry. A healthy, growing Bitcoin often signals robust investor confidence in crypto as a whole. A RESPONSE TO BITCOIN MAXIS ATTACKING XRP. I’m all for healthy debate in crypto, but the constant attacks on XRP from folks like @BitcoinPierre need addressing. I’m rooting for Bitcoin to win. Always have. Why? Because a rising tide lifts all boats. Crypto isn’t a zero-sum… pic.twitter.com/0HHLquT5QU — All Things XRP (@XRP_investing) May 20, 2025 However, the frequent and often unwarranted attacks on XRP from staunch Bitcoin supporters suggest a different perspective—one rooted in a zero-sum mentality. This scarcity mindset proposes that only one chain can thrive in the long run. Not only is that idea fundamentally flawed, but it’s also dangerous. It inhibits innovation and distracts from the real mission of the crypto movement: building decentralized technologies that solve real-world problems. No Chain Is Without Flaws The All Things XRP rebuttal does not shy away from acknowledging XRP Ledger’s early history. Yes, there was a mishap, and yes, the first week’s worth of ledger data is no longer available. But is that reason enough to dismiss the entire project? If historical mishaps disqualify legitimacy, then Bitcoin, too, should be under scrutiny. Take, for instance, Bitcoin’s infamous overflow bug in 2010. Due to a coding error, over 184 billion BTC were minted in a single transaction—an amount vastly exceeding Bitcoin’s total supply cap of 21 million. The bug was quickly patched, but it serves as a poignant reminder that no blockchain, no matter how venerated, is perfect. Mistakes happen. What matters is how communities respond and build resilient systems going forward. XRP has done just that. Despite its early ledger loss, the network operates smoothly, with all states accurately recorded across versions. Its design remains robust enough to serve real-world applications today, processing billions of dollars in cross-border payments and enterprise-level transactions globally. It’s a story of adaptation, not failure. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Real-World Adoption Speaks Louder Than Smear Campaigns Another point of emphasis from the All Things XRP community is XRP’s undeniable traction in institutional circles. Ripple, the leading company building on the XRP Ledger, has formed partnerships with hundreds of financial institutions worldwide. Their infrastructure powers a large volume of cross-border payments , remittances, and liquidity provisioning, especially in regions where traditional banking systems are slow or expensive. It’s easy to mock from the sidelines, but data doesn’t lie. While critics post sarcastic tweets, Ripple continues to ship products and expand its reach. That’s the essence of technological progress: shipping code, not just commentary. Focus on What Unites, Not What Divides Ultimately, the All Things XRP response calls for a redirection of energy. Instead of perpetuating cycles of ridicule and one-upmanship, the crypto space would benefit far more from collaborative efforts and mutual respect. There’s a wide field of opportunity still unexplored. Layer-1s and layer-2s alike are racing to bring decentralization to real-world finance, identity systems, gaming, and more. The adversaries are not other projects, but the outdated systems crypto seeks to replace. Pierre Rochard, like many Bitcoin maximalists, is certainly entitled to his views. But when those views contribute to division instead of discourse, they risk becoming obstacles to progress. The crypto movement was never meant to be a battlefield of ideologies, but a cooperative frontier of ideas. XRP’s early ledger history is a footnote, not a fatal flaw. Its practical utility, institutional integration, and strong developer base make it one of the most viable digital assets in circulation today. Attempts to reduce its legacy to a lost week of data reflect more on the narrowness of the critic’s perspective than the strength of the project. Crypto is not a war of attrition. It is a collaborative revolution. And as All Things XRP so aptly put it, it’s time we stopped fighting over scraps and started building the future together. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post A Response to Bitcoin Maximalists Attacking XRP appeared first on Times Tabloid .
XRP is now priced at $2.30, down 3.70%, with its market capitalization remaining strong at $134.87 billion. Trading volume has risen by 86%, to $4.22 billion, as activity in the markets grows. Recent SEC rulings have made investors believe that XRP's price may rise significantly shortly. But in the midst of this euphoria, a new payments disruptor called Remittix is fast catching the attention of the crypto space. With its new payment innovations and breathtaking early success, Remittix is challenging XRP's dominance and stands to upend the payments world across the world with explosive force. XRP Price Reaction to SEC Decision and What It Means The price of XRP has been highly volatile in recent months amid the continued legal battle with the U.S. Securities and Exchange Commission (SEC). The current price of $2.30, 3.70% down lately, price movements for XRP reflect market uncertainty following regulatory rulings. Recent positive developments in the case, however, have rekindled optimism among investors that XRP is poised to break through its trading range and move higher. While only recently dipped, XRP enjoys a good market standing with a market capitalization of approximately $134.87 billion and a trading volume of $4.22 billion per day 86% higher indicating ongoing interest and liquidity. These figures confirm XRP's established position as one of the top cryptocurrencies globally. Source: Tradingview As the regulatory landscape becomes clearer, traders are expecting increased trading volumes and potentially greater price swings. But the crypto payment landscape is already becoming increasingly competitive, with newer players offering innovative solutions. This increased competition means XRP needs to consistently demonstrate its value proposition in order tomaintain its market share. Investors are keenly monitoring both the legal progress and the technological advancement in the space, realizing that the next few months could be the make-or-break period not just for the price of XRP but for its future role in global crypto payments. Why Remittix Is Becoming A Serious Challenger To XRP Remittix (RTX) is becoming known as a cutting-edge world payments platform. At $0.0757, after raising over $15.1 million and selling 536 million tokens, Remittix offers an instant gateway from crypto to fiat that enables BTC, ETH and XRP to transfer into traditional bank accounts in as little as minutes. Unlike XRP, which continues to struggle with regulatory uncertainty, Remittix already has a real-world use case in facilitating easier payments for businesses and individuals. This has piqued early investors' interest and got RTX on the list of top players in the next altcoin bull cycle. Remittix's future growth is compared by market analysts to Ripple (XRP)'s infancy and Stellar's (XLM)' but points to its faster adoption through simple, direct use cases. Real-World Use Cases Driving Remittix's Growth Remittix's adoption is being spurred by real-world uses. To illustrate, Asian freelancers are able to take advantage of instant deposits directly into their bank accounts without expensive intermediaries or latency. Cross-border traders also benefit from Remittix's stable fiat settlements, which reduce currency volatility risk. Such real-world applications are driving Remittix's investor interest and underpinning its robust fundraising success. Such use cases set Remittix apart as something beyond a speculative coin and it is set for long-term success. What Investors Should Keep an Eye Out for in XRP Price and Remittix Uplift The XRP price could well shoot through the roof if the SEC rulings come in Ripple's favor, but smart investors should not look away from Remittix, a rapidly emerging payment solution shaking up the crypto scene. With more than $15.1 million raised in a highly successful token sale and more than 536 million tokens distributed, Remittix is causing serious ripples with its groundbreaking crypto-to-fiat bridge technology. Remittix enables real-time transfers of BTC, ETH, XRP and others into bank accounts, making instant payment a reality quicker and cheaper than many of its competitors. The global payments industry is gigantic, valued at $190 trillion and Remittix 's ability to take in even a small chunk is enormous. Its clear use case, growing acceptance and sound financial backing make it a breakout contender. Early-stage investors should look for life-changing returns as Remittix accelerates adoption and expands its penetration. While XRP remains a giant, Remittix's explosive growth and innovative solutions are a careful observer's required attention for anyone serious about achieving maximum crypto returns. Join the Remittix (RTX) presale and community: Join Remittix (RTX) Presale Join the Remittix (RTX) Community Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
The daily Dogecoin/USDT chart published on X by Bitcoinsensus depicts the memecoin locked in a textbook bullish reversal that has been six months in the making. Dogecoin Breakout Within 7 Days? Price action stretching from last October’s vertical rally to the present has carved a broad descending trend line that caps every major swing-high: first the December spike just above $0.48, then a second, lower reaction high in mid-January around $0.43 and a third touch 10 days ago at roughly $0.26. That trend-line is still intact, but—crucially—it now sits only a few percentage points above the market. Within that larger down-trend, Bitcoinsensus highlights an inverted head-and-shoulders pattern whose left shoulder bottomed near $0.142 in mid-March, whose head extended to roughly$0.141 at the start of April, and whose right shoulder formed in early May at about $0.164. The neckline of that structure is not horizontal; it falls modestly from left to right and intersects the chart marginally above $0.185. The analyst marks the 8 May daily candle with a red circle labelled “Breakout,” signalling that the minimum technical requirement for pattern confirmation has already been met. Related Reading: Dogecoin On The Edge: Major Breakout Or Breakdown Imminent? Since that breakout, Dogecoin has retraced in what the analyst calls a healthy manner. The pull-back has so far respected the neckline, transforming it from resistance into first-layer support. Bitcoinsensus’ projected path, drawn in white, envisages one further dip that tags the long-term trend-line—now lurking near the $0.23–0.24 area—before momentum reverses upward. The forecast gives the market a seven-day window to complete that retest and launch a fresh advance. “Dogecoin has been slightly pulling back in a very healthy manner, preparing for the next major breakout. The anticipated breakout is expected to happen within the next 7 days, with a retest of the trendline for confirmation,” the analyst writes. Related Reading: Dogecoin Ready To Howl? Falling Wedge Breakout Hints At A Rally If the trend-line gives way, the next test would be a grey “Supply Zone” boxed between $0.42 and $0.43, an area that coincides with the January distribution range and the second anchor point of the descending trend-line. “Next Target will be the supply zone at around $0.42-$0.43 per DOGE. Expect a fast move up once the breakout is in full force,” the analyst adds. A decisive daily close inside that band would, in classical chart-theory terms, establish the first higher-high on a major timeframe since November and open the door to a broader trend reversal. Invalidation remains straightforward. A daily settlement back below the neckline—effectively the $0.185 handle—would negate the inverted head-and-shoulders structure and leave the March/April lows vulnerable. Until then, the technical bias skews higher, and the clock on Bitcoinsensus’ seven-day breakout thesis is ticking. At press time, DOGE traded at $0.221. Featured image created with DALL.E, chart from TradingView.com
Meme coins are rising along with the entire market.
Following President Trump’s March 2025 executive order establishing a US Strategic Bitcoin Reserve, retail investors are now looking for ways to meaningfully participate in the nation’s evolving crypto landscape. Bitcoin Solaris has emerged as a standout opportunity, delivering real-time token rewards through mobile mining, a capped supply model, and user-first infrastructure — making it highly aligned with the core values being adopted at the federal level. The executive order, which formally designates Bitcoin as a strategic reserve asset, lays out plans for the US government to maintain its holdings indefinitely. Additional BTC will be acquired through budget-neutral strategies, and no sell-off is planned. This represents a significant institutional endorsement of decentralized assets — and Bitcoin Solaris mirrors these principles through its own fixed-supply, infrastructure-first design that empowers individuals, not just institutions. Direct Protocol Participation Through Mobile Mining Bitcoin Solaris enables users to mine BTC-S tokens passively via the Nova App, using just a smartphone. Participants allocate a small amount of device storage (1–5 GB) and idle CPU, allowing the app to operate quietly in the background. Unlike validator-based systems or speculative tokens, mining on Bitcoin Solaris requires no technical knowledge or staking capital. Rewards are earned daily based on actual network contribution. Behind this system is a dual-layer blockchain architecture built for scale and accessibility: The Base Layer uses Proof-of-Stake (PoS) and Proof-of-Capacity (PoC) for secure, low-energy consensus. The Solaris Layer operates using Proof-of-History (PoH) and Proof-of-Time (PoT) to support mobile mining and contract logic with 10,000+ TPS and 2-second finality. This architecture allows for seamless, protocol-level income without the costs and barriers that have historically defined mining ecosystems. Earning Begins Before Public Access Bitcoin Solaris is now in Presale Phase 4, with BTC-S priced at 4 USDT. Of the 21 million fixed token supply, 4.2 million BTC-S (20%) are allocated to presale participants. There will be no inflation or further token issuance beyond what is distributed through the protocol’s mining and validator mechanisms. This presale phase provides early access to BTC-S before broader mining competition and exchange listings elevate demand. The structure rewards early participation, much like the incentive model that allowed early Bitcoin miners to benefit from protocol-driven scarcity — now made accessible to any smartphone owner. In a timely breakdown, HotCuppaCrypto explores how Bitcoin Solaris fits within the policy changes driven by Trump’s crypto executive order. The video details how Nova App mining provides real protocol access to individuals, even as the government prioritizes institutional Bitcoin accumulation. Security Confirmed by Independent Audits To support transparency and user trust, Bitcoin Solaris has completed extensive third-party audits and verification: Cyberscope Audit : Reviewed contract emissions, mining protocols, and smart contract reliability. Freshcoins Audit : Verified mining logic and overall scalability. KYC Verification : Confirmed team credentials and governance structure. These audits ensure BTC-S tokens are distributed securely under clearly defined protocol rules — aligning with broader trends of digital asset standardization. President Trump’s executive order represents a pivotal shift in US digital asset policy. But while institutions focus on reserves, Bitcoin Solaris empowers the retail segment — delivering mobile-based, protocol-native rewards through mining and a fixed-supply model. Now in Phase 4 at 4 USDT, it offers the most accessible entry point for users to participate in the developing crypto market. Website: https://bitcoinsolaris.com/ X: https://x.com/BitcoinSolaris Telegram: https://t.me/Bitcoinsolaris
Genesis Litigation Oversight Committee (LOC), the company responsible for overseeing Genesis’s bankruptcy, has filed two new lawsuits. These legal actions target Genesis’s parent company, Digital Currency Group (DCG), its CEO, Barry Silbert, and other top executives. The lawsuits claim that billions of dollars were wrongly taken from Genesis before the company went bankrupt in 2023. Genesis Sues DCG for Funds Mismanagement and Deception The first lawsuit was filed in Delaware. It says Barry Silbert and his team recklessly ran Genesis. The complaint accuses them of misleading customers about the company’s financial health while taking money for their benefit. It also claimed the company’s officials moved money from Genesis to other parts of DCG, even when they knew the company was in trouble. Although Grayscale Investments, another company owned by DCG, was mentioned in the complaint, it was not named as a defendant. In this lawsuit, Genesis asks the court to help recover at least $2.2 billion in Bitcoin (BTC), Ethereum (ETH), and other crypto assets. These funds would then be returned to the creditors still waiting to be paid. This class action comes after the U.S. Securities and Exchange Commission (SEC) charged DCG and former Genesis CEO Michael Moro. In January, the agency claimed the company misled investors, with the case ending with a $38.5 million settlement. DCG Accused of Moving $1B From Genesis Before Collapse Another lawsuit was filed in New York’s Bankruptcy Court. It claimed that DCG and its insiders moved over $1 billion in cash and crypto out of Genesis while the company collided. The suit says these transfers took place when Genesis was already facing serious financial risks, especially after the crash of Terra-Luna. It also revealed that the firm had $14 billion in loans and was already insolvent by the end of 2021. According to the filing, a financial consulting firm warned DCG about these risks in November 2021, but no action was taken to fix the problems. Genesis filed for bankruptcy in January 2023. At that time, it owed money to over 100,000 people and businesses, with total debts reaching as high as $10 billion. The company completed its restructuring process in August 2024 and has since started returning money to creditors. So far, Genesis has paid back more than $4 billion in assets. DCG Responds to the Lawsuits DCG has denied all the claims. A company spokesperson said the lawsuits are not new and that the accusations have been made before. It was also revealed that DCG worked with many people during the bankruptcy process to find a fair solution. The company says it will strongly defend itself against unfair and false accusations. The post Genesis’ New Lawsuits Target DCG Officials Over Lost Crypto Funds appeared first on TheCoinrise.com .
Argentine President Javier Milei has dissolved a task force established to investigate the fallout from LIBRA, the scandalous cryptocurrency project the head of state promoted on his social media channel before it crashed to zero. The Investigative Task Force (ITU) was dissolved via a May 19 decree signed by Milei and Justice Minister Mariano Cúneo Libarona, government documents revealed . “The Research Task Unit is dissolved” after completing its mandate, the translated version of the decree read. The task force is being dissolved despite pressure from opposition groups, which are seeking to activate an investigative commission as soon as May 20, local media outlet Clarin reported . A screenshot of Milei’s tweet endorsing LIBRA. Source: TRM Labs Government officials established the UTI on Feb. 19, mere days after President Milei promoted LIBRA on his official X account. His endorsement briefly sent LIBRA soaring from practically worthless to $5 a token and a nearly $5 billion market capitalization, before quickly crashing to zero in what appeared to be a classic pump-and-dump scheme. The fallout from LIBRA sparked allegations of insider trading and manipulation, with President Milei caught in the crosshairs. In addition to facing an investigation, Milei’s credibility suffered at home, with nearly 58% of Argentinians saying they no longer trust the president for his role in the scandal. Related: Argentine President Javier Milei denies promoting failed LIBRA memecoin “I didn’t promote it, I shared it” In a televised interview on Todo Noticias, Milei denied any wrongdoing for promoting the project, claiming that he merely shared information about a project that sought to help entrepreneurs access funding options. Source: tier10k “I saw a tool that could finance entrepreneurs, and I spread the word. I acted in good faith and took a hit,” he said, according to a translation of the interview. Milei also downplayed investors’ losses, claiming that “at most” 5,000 people were affected — the vast majority of whom were Chinese and American. He claimed that only “four or five” Argentinans suffered losses. Nevertheless, blockchain data reviewed by Cointelegraph revealed that more than 15,000 wallets sold LIBRA at a profit or loss of more than $1,000. More than 86% of wallets reported a loss totaling $251 million. Magazine: Influencers shilling memecoin scams face severe legal consequences