Truly astonishing

Published February 17, 2025 by Jim Wang

If you need more proof that meme coins and crypto are not for you, here’s something truly astonishing:

Javier Milei just DESTROYED the memecoin market:

Hours ago, Argentinian President Milei launched a memecoin, $LIBRA, for "the growth of their economy."

Within 5 hours, over -$4.4 BILLION of market cap was erased.

Is this the biggest rug pull in history?

(a thread) pic.twitter.com/t4T69r851d
— The Kobeissi Letter (@KobeissiLetter) February 15, 2025

Published in General

Jim Wang was born and raised in New York and founded Wallet Hacks in 2015 and Bargaineering in 2004. As a long-time fan of the personal finance community, he felt the absence of a strong content curation service and sought to build Apex Money to fill that void.

J.D. Roth was born and raised in Oregon and founded Get Rich Slowly in 2006. JD loves to write, and it shines in his work on Get Rich Slowly, but he also loves to read. As the chief content curator of Apex Money, it’s this love that shines through in the content we share.