LIBRA Token Collapse Contributed to Market Retreat

[cryptoenthusiast]

The fall of the LIBRA meme coin, linked to Argentine President Javier Milei, drained $107M in liquidity and contributed to an estimated $4B in broader losses.

Subsequent scams reinforced caution among traders.

Solana saw a 42% drop in new token launches since mid-January 2025.

Market participants are shifting away from high-risk, low-trust meme assets.

[Capybara_Capybara]

Trust is the rarest asset in meme season.

[The_Walking_Dead]

Liquidity can disappear faster than hype.

[Revenant]

Rotation from risk is already visible.