Part 4/11:
However, driven by their trust in the president, approximately 44,000 of Milei's supporters rushed to invest millions into Libra, resulting in its market capitalization skyrocketing from under $200 million to about $4.5 billion within just a few hours. Unfortunately, this surge was short-lived as insiders promptly sold their holdings, pocketing around $107 million and causing the coin's value to plummet by 94%. This abrupt collapse left countless investors reeling from substantial losses.