Al-Mizan-Mimi-based currency of Solana, which was approved by Argentina President Javier Millie, at the beginning, barely decreased hours after reaching the threshold of the maximum market of $ 4.5 billion.
In a publication that was now deleted on X, Milei promoted the scale, and linked it to the VIVA LA LIBERTAD project claims to strengthen the Argentine economy through financing small companies.
This post ignited the initial purchase of Mimi’s currency and paid the market ceiling over $ 4 billion within hours of its launch.
However, due to the suspicious and central control movements of the distinctive symbol, questions related to the legitimacy of the balance began to acquire the land.
Amid the increasing doubts, the scale achieved brutally successful, losing nearly 90 % of its value in JIFFY. In addition to Woes, Milei’s retreat from his support for the Solana -based Meme currency, sparked a warning in the encryption community.
At the time of writing this report, the maximum scale market decreased to less than $ 400 million, with the trading of the distinctive symbol by about $ 0.36. What is the next of this distinctive symbol?
Is the scale a pump planning and another emptying?
The official website of the VIVA LA LIBERTAD project describes the balance as a symbol of the movement created to stimulate “Argentine economy from A to Z by supporting entrepreneurship and innovation.”
Through the distinctive symbol, the project team has highlighted plans to effectively direct funding and in a decentralized manner so that investors and citizens can contribute to the country’s growth.
The scale went on the air on Friday, February 14, 2025, and was publicly supported by Milli on the same day. Initially, this encouraged merchants to buy the distinctive symbol in large numbers and pay the price by approximately 3000 % to the peak of $ 4.5 within hours.
In fact, at the height of its market activity, the maximum scale market crossed the standard of $ 4 billion, as he joined the likes of Trump and Melania in the list of the fastest metal currencies to achieve such achievement.
However, the impressive balance prices did not last long as the informed and whales began to spend on the distinctive symbol, which increased the allegations of the pump and discharge scheme. According to Occin Intelligence LookonchainAt least eight governorates linked to the Al -Mizan team had already mocked liquidity from the distinctive symbol, achieving more than 107 million dollars.
Another red flag – which was raised by other Blockchain data companies before the landing cycle – the central nature of supplying the distinctive symbol. Analysis of bubblemapsFor example, it showed that 82 % of the symbol supply is controlled by some whales and familiarity.
When whales began to withdraw from liquidity pools, The price of the scale was shatteredHe left retailers to bear the catastrophe. The collapse forced Millie to delete his support immediately, and to blame his opponents to try to politicize the situation.
President He said He supported what he believed is a private institution and decided to stop promoting it after learning more details. This decline increased the downward scale, which led to a decrease in the price of less than $ 0.4.
Now that millions of dollars were lost to the accident, the encryption community members have begun to raise concerns about the participation of big players and platforms in possible withdrawal.
In the case of scale, for example, beanie – a famous and suspended encryption merchant –Reflected On how to include moonshot initially the distinctive symbol, only to delete after the informed got $ 100 million of liquidity baths.
Moreover, influencing names such as Wazzcrypto criticized the distinctive symbol launch form, linking it to similar metal currencies such as $ TROMP and $ Melania. In fact, in a modern post on X, wazzcrypto He said It was possible that the same team that launched Melania and Trump had developed the balance or that the latter used a similar way to the first operation.
Meanwhile, this is not the first time that President Miley has participated in the scandal of withdrawing an alleged rug. In 2021, Coinx – an encryption project was accused of great rewards for investors but failed to present it. Those who were lost during the accident filed a lawsuit against his role in promoting this plan.
Predicting the price of the scale-in the short term
Within 24 hours of its launch, Libra witnessed dramatic price fluctuations, prompting allegations to withdraw the potential rug. Initially the price saw a $ 4 -paid pump, supported by strong purchase pressure and Milei from Milei’s support now.
After this increase in prices was a significant correction, due to aggressive sales from the interior. Although the value of the distinctive symbol has settled about $ 0.3, a look at the miniaturization of technicians indicates that RSI currently fluctuates between 15-17, indicating that the sellers are still controlling.
If the selling frenzy continues – which is probably – Lieberra can suffer from more landfill in the coming days, and it may settle about $ 0.09.
Predicting the price of the scale-for the long term
The way the scale was launched and made the controversy that followed about the central symbol, made many skeptics in its future. Thus, the possibility of symbolic vanishing in mystery is very high.
Moreover, some prominent names in the industry are already Call To try the participants in strengthening the project.
In fact, according to ReutersMillie may face a trial of isolation in Congress for his involvement in withdrawing the alleged rug.
With the continued calling for an investigation into the accident in controlling the airspace, the balance can see a steady decrease, and may put its lowest levels ever.
The M. Index – a legal alternative to the scale symbol
Given the suspicious trading activities that involve the scale team and the final price, it can be considered among the most metal currencies that must be purchased now. In this way, those who are looking for a more legitimate alternative with a unique new proposal and a position focused on society Mimi index.
The Meme Index is described as the first Meme Meme index in the world, a new project designed to provide organized exposure to the volatile and balanced MIM market.
There are a lot of coins in the market already, which makes it difficult for investors to find high potential projects from the start. In fact, retail investors often end in working on wrong currencies, given the fact that they do not have enough capital to build a diverse wallet.
The Meme index addresses this face -to -face challenge, and provides a more strategic way to move in the market. Instead of gambling on the individual Meme currencies, the project allows investors to bet on the multiple symbols that complement their risk appetite at once.
It will soon launch its four baskets that will classify all the assets of Mimi currency based on the degree of fluctuation. First, the Titan Index, dedicated to large Meme’s assets like Dogcoin, Shiba Inu and Pepe.
Next is the Moonshot Index, which contains medium -range Meme MEME plays, especially those that are close to reaching the maximum market of one billion dollars.
The MIDCAP index contains metal currencies between $ 50 million and $ 250 million, making it a suitable choice for those who do not mind a little risk. Finally, the frenzy index is for those who look forward to the returns of changing life through very volatile coins.
Unlike traditional indicators that depend on technical indicators, the Meme coins that have been added to each of the four baskets will be based on societal reactions, which confirms the decentralized position of the project.
This coordination provides a balanced method for investors for strategic interaction with the Meme currency sector, reducing their risks, and increasing their profits to the maximum. For those looking for negative income opportunities, the built -in system in Meme Index is in full swing, and offers a three -numbers APY bonus.
It is important, the Meme index underwent third -party audits of Solid and Metal currenciesConsolidating its position on the market as a reliable investment option for Degen investors. Auditing reports, which did not find any central risks in their smart contract, reassures investors that the project team cannot require new symbols, blacklist addresses, identify any sale fees, and many others.
Moreover, unlike the scale that contains 82 % of its total supply in an interior wallet, the MEME index adopts a symbolic structure that puts its future in the hands of society.
The symbol supplies are distributed through the basic aspects of projects such as pre -sale, societal rewards, loss, treasury, governance, and marketing. No specialization has been allocated to the team, which enhances the position centered around the community in Meme.
The combination of these factors helped to raise more than $ 3.6 million in a short time frame.
Several Crypto posts such as CointeleGRAPH and Bitcoinist have analyzed the importance of Meme Index to a fast -developed MeMe currency space. YouTube like Cryptozeus is already optimistic about this project, saying it could become one of the largest coins in the market.
