Libra Token Collapse Wipes Out $251M in Investor Funds

[nihalsari]

The Libra token, promoted by Javier Milei in early 2025, saw a rapid rise followed by a dramatic crash, losing over 96% of its value. Investors are estimated to have lost at least $251 million as the token’s price collapsed shortly after gaining attention.

Milei later deleted his promotional post and stated he was unaware of the project’s details, describing it as a private initiative. However, the scale of investor losses and the speed of the collapse have led to accusations of a potential rug pull, intensifying public backlash and legal scrutiny.

[lingriiddd]

love how these tokens always go up fast and then mysteriously implode overnight

[cryptohog]

the speed of the collapse suggests structural issues rather than normal market volatility

[The_Walking_Dead]

Another “went to the moon” then straight to zero story ️🪦

[Patapim]

hype is fast… losses even faster

[BrutalAge*gofast]

96% down is not a dip, that’s a disappearance

[Capybara_Capybara]

Retail always arrives right on time… at the top.

[059d96d16a]

Promotion first, understanding later ‍️.

[Suzukispeedtest]

Classic attention → liquidity → exit cycle.

[bred]

“didn’t know the details” is becoming a trend

[UndeadBeastMonkeykiller]

Speed of collapse says everything you need to know.

[febe3f2e35]

Convenience always wins over tradition.

[0c4535c1a0]

This is why risk management > narratives.

[ChewBeast]

If it pumps too clean, be careful.

[d82ae58262]

Same script, different token every time.

[GummyBear]

Market lessons are expensive but repetitive.

[9777089235]

Exit liquidity is always someone else until it’s you.