Argentine President on the brink of impeachment... Meme coin recommended on social media plummets 94%

Argentine President Javier Milei is facing the threat of impeachment. On the 14th, President Milei said through X that "Libra meme coin is a small and medium-sized enterprise.
Libra is a cryptocurrency issued by Facebook, which is a blockchain-based cryptocurrency through its subsidiary Calibra.
The company unveiled Libra, a cryptocurrency that aims to provide a fast and cheap international remittance service backed by secure real assets.
However, when President Milley recommended the Libra meme coin, investors flocked to the coin.
The price temporarily rose to $5, but after a few hours it plummeted to $0.19, a 94% drop from its peak. After the price crashed, President Milley deleted the existing promotional text and
In a second post, he said, "The price crash has nothing to do with me," and "I am withdrawing my recommendation." Experts say this is a typical scam called "rug pull."
Rug pull refers to a scam in which project managers collect funds from investors and then suddenly disappear, taking all the money.
Even though President Milley clarified that "it has nothing to do with me," the opposition party decided to push for impeachment.
On the 15th, Leandro Santoro, a member of the Argentine opposition coalition, said, "There is a possibility that the president is involved in rag-pulling," and announced that he would "push for impeachment."
Maximiliano Perallo, a lawmaker from the centre-right Civic Alliance, said: "The Argentine Congress must set up a special investigative committee to uncover the facts and identify those responsible.
Former President Cristina Fernández de Kirchner also called President Milley a "cryptocurrency fraudster" and urged his impeachment.