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The price of the scale has decreased by 71 % in the past 24 hours of trading at $ 0.4461 from 9 pm EST at 87 % in trading volume to 191 million.
The launch of Libra (Libra), an encrypted currency initially supported by Argentine President Javier Millie, has become a financial disaster after those familiar with the exchange of $ 107 million, causing its price to decrease by 94 % within hours. Millie withdrawing his support amid allegations on social media platforms to withdraw the rug.
Onchain Analytics Lokonchain said that eight governors linked to the scale team withdrew $ 57.6 million and 249,671 Sol ($ 49.7 million) by manipulating liquidity, the company on the Mizan team withdrew $ 57.6 million and 249,671 Sol (49.7 million dollars) by manipulating liquidity. The distinctive symbol briefly increased to a market roof of $ 4.56 billion before declining to $ 257 million in only 11 hours.
the $ Libra The team spent $ 107 million! 😱
8 portfolios related to $ Libra The team got 57.6 million $ USDC And 249,671 $ Sol(49.7 million dollars) by adding liquidity, removing liquidity and claim fees.
Governor:
Defcykc4yajrsclzjdxwusuzvohxtlna9g2y3pbcm2z … pic.twitter.com/vpd7ngymhq– Lookonchain (@swearonchain) February 15, 2025
Commenting on the situation, the founder of the Binance Changpeng Zhao, whose name is called CZ, shared his ideas about the controversy, saying that although he could not verify all the details, the case highlights decisive lessons.
He stressed the importance of comprehensive research before supporting the distinctive symbol, noting that the symbolic economy and the abolition of clarification of time tables play a vital role in sustaining the project.
An interesting topic. I am not sure of its accuracy, but there are a lot of details. He appears:
1. You should be very careful before supporting a symbol.
2. The distinctive symbol economy is a matter. Opening the timelines of the issue. A lot of research must be done in advance.
3. Buying new symbols is … https://t.co/iyyrirn3h
– CZ 🔶 bnb (CZ_Binance) February 15, 2025
He also pointed out that investing in new symbols carries great risks, but he admitted that the accident indicates a strong appetite for investment capital. Chic concluded that, if it was dealt with properly, the balance could have been a major economic opportunity for Argentina instead of failure.
Praira Eye prices recover after intense sale
The US -dollar/dollar pair witnessed a severe fluctuation in recent trading sessions, as it witnessed a sharp outbreak over $ 1.20 before sending a rapid price liquidation that decreased to $ 0.28 – $ 0.30. The intensive sale process led to the emergence of large -scale qualifiers, forcing merchants to get out of positions and lead to a period of unification of the market. However, this region has now appeared as a major support level, as buyers began to re -enter the market.
Over the past few sessions, the price has formed an upward channel, indicating a possible reflection such as Saudi feelings Gradually return. If this momentum continues, analysts believe that the cryptocurrency can recover towards a scale of $ 0.50 – $ 0.60 in the short term.
Libra/US dollar analysis Source: Dextools.io
Market indicators show signs of strength. The SMA is currently 50 points (SMA) is about $ 0.2974, indicating that the price settles. Me the MACD index formed a bullish intersection, with the MACD (0.0060) line over the signal line (0.0398), a classic signal in favor of the increasing purchase.
In addition, the RSI indicator (RSI) is at 56.65, indicating a neutral momentum but with space for more upward trend if paying the level of 60-65. The step above this range can emphasize stronger ups and attract additional buyers.
The scale price faces a pivotal moment where traders see major levels
The market is still at a decisive turning point. If the USD goes beyond the upper resistance of the emerging canal, this may lead to a stronger increase in the resistance area ranging between $ 0.50 and $ 0.60, which may put the stage to achieve more gains.
However, if the purchase pressure weakened and the price decreases to less than $ 0.30, the support may be re-tested about $ 0.28 -0.25 dollars, which risk a deeper correction. With the return of liquidity and technical indicators that indicate a potential upward trend, the American balance/dollar traders remain optimistic. The collapse above the current structure can verify the reversal of the ascension, while failure to obtain the main support may lead to an increase in the pressure pressure.
Solaxy Presale is racing about $ 22 million – Crypto Next Bang?
Even as With budget heads to obtain a possible reflection, a new Mimi Layer 2 coin collected, which is called SOLX (SOLX) more than $ 21.3 million in a period before it.
Over time, the Solana network is facing the increasing crowding due to the high demand caused by Meme currencies launched on the pump platform.
Solaxy to help reduce this congestion and make it easy on the Solana network effectively making quick transactions.
The benefits of Solaxy can bring a tear to your eyes …$ Solx Strongly strike! 🛸🪐 pic.twitter.com/yquijimnys9
– Solaxy 𝕏 (SolaxyToken_ht). February 7, 2025
To reduce this burden, Solaxy brings with it the Sidechain layer of layer 2 that will process the transactions outside the chain, collect it, then serve it to the Solana 1 layer to check health. Using this approach, Solaxy will enhance network efficiency, reduce transaction fees, increase productivity, and locate Solaxy as a promising slicing of Solana.
Solx’s momentum has 99bitcoins, a famous YouTube encryption channel with more than 724 km subscribers, expecting that the Solx code can rise 100x when launch.
Investors looking for negative encryption bonuses can also share Solx Tokens for a huge annual annual return of 192 %.
Investors still have a small window to buy SOLX codes at $ 0.001636 with Crypto or a bank card. But its price is scheduled to increase in less than 13 hours.
Buy Solx codes here.
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