My Actifit Report Card: February 17 2025 - Argentina Memecoin Rugpull?
I have been hearing today about Libra, a memecoin supposedly spoken well oof by the President of Argentina which may have been rugpulled to a low price after a big run up.
So I found this 14 minute video from the Discover Crypto channel with 1.4 Million subscribers. Famous people like Dave Portnoy and Charles Hoskinson are mentioned and clipped in the video which dropped today and already has 3K views.
On thing I learned is the meaning of the KOL acronym. It is Key Opinion Leader, a type of online influencer supposedly with knowledge of their field.
As of the release of the video the coin looks to be at 55 cents after starting at about 35 cents then pumping to almost 80 cents. So it maybe has volatility similar to HIVE on a really crazy day!. Or maybe Hive did this over a week and not a day. Point is, I believe I have seen similar volatility before. Crypto is like thus . Beware!
Just stack and stake and hold HIVE.
Not Financial Advice!!!
My Activity
today was pretty good. I went food shopping in the morning. At night I took my normal walk. It was cold but there was no wind. The ski jacket kept me warm. Again I saw no moon, but it was a clear sky. Maybe it was your turn to see the moon.
At a point in my walk I climbed 34 stairs. That hits the legs from a different angle than just walking. Variety is good in exercising.
I hope you had a good Monday. Maybe you were off work for Presidents Day. I'll wish you a good Tuesday and hopefully see you in my next daily actifit post!
This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io
I heard it got heavily dumped at launch
"The Argentine president, Javier Milei, is at the center of a case that has shaken the crypto markets. On Friday, he promoted LIBRA on social media, a memecoin presented as an initiative to support Argentine businesses. In a few hours, however, the project took on the contours of a scam: the value of the cryptocurrency soared above 4 billion dollars, only to immediately collapse by over 90%. Insiders withdrew $87.4 million, while many investors suffered heavy losses. Milei's tweet was deleted 5 hours later, with the president admitting that he was not familiar with the project. Some lawyers have filed fraud complaints and the opposition has threatened impeachment."
I think this coin is used by Odysee platform as well.
A pump going from 35cents to 80 is a whole lot
That’s something interesting to know about
I am suspecting that the president will have an hidden agenda by it
This thing going wrong will continue to kill off people's trust on cryptocurrencies.
yes.. I will take ur not financial advice and stack HIVE/HBD! 😎👊
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Glad to hear your day was good, and those stairs sound like a great addition to your exercise routine!