Long before Hayden Davis became famous for getting Argentine President Javier Milei to promote a memecoin, his father told tales of counterfeiting checks and assuming fake identities as a young man, ...

he said. Add to that their low valuations, and the memecoin market became something of a haven for retail investors. Even as momentum stalled amid crypto winter in 2022, Vic Laranja, a content ...

Five years later, the memecoin trading activity we’re seeing on Solana is more akin to penny stocks than the tech giants that make up the Nasdaq index, like Apple or Nvidia. There are definitely ...

The president promoted a memecoin on X on Friday, the value of which surged before collapsing. The coin’s crash triggered accusations of a scam, with Mr Milei’s opponents filing dozens of ...

That same post-mania reflection could be happening now, particularly as the value of President Trump's memecoin has fallen nearly 80%. With billions of dollars flowing into largely speculative ...

In a subsequent interview, Milei denied receiving any financial benefit from endorsing the memecoin, which has since plummeted in value. While maintaining that he acted in “good faith” and has ...

Source: Glassnode This decline marks a significant drop from December 2024’s peak, largely due to reduced memecoin investment, according to CryptoVizArt, a senior analyst at Glassnode.

New Delhi, Feb. 21 -- Javier Milei, the president of Argentina, became the most recent politician to endorse a memecoin. Milei followed in the footsteps of President Donald Trump, who launched his ...

As the dust settles from the latest memecoin fiasco, the crypto industry finds itself at a familiar crossroads. This time, the implosion was set off by a scandal involving Argentina's President ...

The LIBRA memecoin scandal that rocked Argentina over the weekend destroyed millions of dollars in investor wealth, according to research by Nansen. On-chain data tracked by Nansen show 86% of ...