Presented by

OVERVIEW

$LIBRA: Sniped, Drained, and Disgraced, “This Is SBF Level Man” 🚨

Before we dive in, here’s today’s crypto market heatmap:

Yup. Luigi is there again. No word from Santiment yet on why that’s there. 🤣 

And here’s a look at crypto’s total market and altcoin market cap charts:

NEWS
WTF Happened During President’s Day Weekend?! 🤔 

This is probably the longest Litepaper I’ve ever worked on, so let’s get right into what happened with a memecoin called LIBRA and the subsequent fallout. ☢️ 

• February 14th, 2025. A romantic day for $LIBRA, if you like heartbreak. Argentine President Javier Milei gave the Solana-based memecoin a shout-out, calling it a “private initiative” to help save the economy by funding small businesses.

• It soared to a $4.5 billion market cap in no time. Then it did what most overhyped tokens do—it collapsed, losing 90% within hours.

• Turns out a lucky few pocketed around $87.4 million right after the launch. Investigators call it a potential “rug pull.”

• They’re dubbing it “Libragate.” Milei faces a wave of lawsuits, plus a handful of angry opposition politicians itching to impeach him for alleged crypto fraud.

• By late Monday (February 17) and into Tuesday (February 18), the focus on who is the bad man has shifted.

It’s quickly turning out that the Milei controversy is quickly turning into a nothing-burger and not the hoped for wet-dream-mega-fraud conspiracy Milei’s opponents hoped for.

So far.

Someone else’s name is getting more and more attention: Hayden Davis. 👇️ 

SPONSORED
Key drivers of GME Ethereum’s investment potential

GME Ethereum is a decentralized cryptocurrency project inspired by the resilience of everyday people and the power of collective action. Built on the Ethereum blockchain, GME pays tribute to the GameStop saga, which became a cultural phenomenon and a symbol of resistance against traditional financial power structures. This project embodies the principles of financial freedom, decentralization, and the ability of individuals to unite for a greater cause.

GME Ethereum harnesses the enduring passion of those inspired by the original GameStop movement which demonstrated that ordinary individuals could challenge powerful, centralized hedge funds and that financial independence is achievable when the playing field is fair.

• The project thrives on its engaged and passionate community, which actively spreads its message across platforms like X and Telegram, creating a self-sustaining ecosystem of advocacy and growth.

• $GME carries a legacy and message that resonate far beyond speculation, offering both symbolic value and long-term viability as a tribute to financial freedom.

• Built on blockchain technology, $GME operates in a decentralized environment where unfair tactics like halting trading or removing the sell button are impossible, ensuring a level playing field and equal opportunity for all participants.

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.