The crypto is back. The United States has ceased to treat him as a threat, and suddenly, everyone wants – including governments. First of all, it was Donald Trump with his official Trump token. Then, a wave of world leaders and “official” organizations thought, “Why not us?”
Spoiler alert: Most of these pieces are scams. Some crashed in a few hours. Others have disappeared with millions of dollars. But they all had one thing in common – people were destroyed.
Argentina: Milei Balance de Milei’s disaster
The Argentinian libertarian president, Javier Milei, made a name for himself by calling the central banks a scam. So when he promoted a new crypto token called $ LibraSome people actually thought he was launching an alternative currency for Argentina.
The room pumped quickly. The market capitalization has reached $ 4 billion. And then – liquidity has disappeared. The initiates collected. The price collapsed by 94% in hours. Milei quickly removed his post and said he was hacked. Investors have lost millions. The only people who made money were those who knew what was going to happen.
Now he’s
It affected not only $ libra, but the whole Solana ecosystem. He
Saudi Arabia: a false prince and a false piece
If the Argentinian disaster was not enough, the crooks took things even further in Saudi Arabia. A Twitter account pretend be the crown prince
No white paper. No roadmap. No evidence of anything. Just a post on X. and guess what? People have always bought it.
The real Saudi law conference later confirmed that their account had been hacked. But at that time, the damage was caused. The false piece was out and the crooks had already left – with the money, of course.
Trump, Melania and cryptocurrency celebrity
It all started with Trump. Her $ Trump The token pumped like crazy in January. Then Melania followed with $ MelaniaBecause why not? Both have already been
Since then, the valves have opened. The leaders, celebrities and random influencers have thrown mecoins like confetti. And the pattern is always the same:
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A big name (real or false) announces a new “historic” piece.
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Fomo people in it.
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The initiates throw their bags.
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Coin across.
What is funnier is that cryptographic investors will buy the room even if they know it is a scam. They will think, “I know it’s false, but others will buy it and the token will soar. I will try to make money on it and sell the same on time.”
It is certainly not the kind of mass adoption that I would like to see. But that’s what it is.
Final reflections: don’t be scammed
The same is fun. But if a government (or someone who claims to be a government) launches one, just assume that it is a cash seizure. Even if it is announced by an “official” account, that means nothing. The hacks occur. People lie. And politicians – Well, let’s just say they are not famous for their honesty.
So before you throw money at the next “official” room, ask yourself: Who is really behind that? Where is liquidity? And above all – who is enriched? If you, even by understanding everything, decide to buy this same, you take all the risks.