LIBRA Memecoin Tied to MELANIA Asset and Alleged Manipulation
- The LIBRA memecoin was created by the same team behind the MELANIA asset.
- Argentinian President Javier Milei initially supported LIBRA, which aimed to boost Argentina’s economy.
- LIBRA’s market cap reached $4 billion before collapsing, leading Milei to withdraw support.
- Bubblemaps identified suspicious financial activities involving addresses linked to both LIBRA and MELANIA.
- An address, 0xcEA, profited $6 million from LIBRA and is connected to its creator, who cashed out $87 million.
Bubblemaps analysis revealed that the same creator was involved in both LIBRA and MELANIA launches, with significant profits traced back to specific wallet addresses. This connection suggests potential manipulation in their token launches.
Source (2.6)https://dailyhodl.com/2025/02/18/argentina-memecoin-libra-created-by-same-team-behind-first-ladys-melania-bubblemaps/?rand=59076
