The Evolution of Token Launches: Lessons from the $LIBRA Launch

Quick Summary:

On February 14, the “Viva la Libertad” project launched its meme token, $LIBRA, on Solana, skyrocketing to a $1.16 billion market cap in its first hour, with a fully diluted valuation of approximately $4.5 billion.

The first token launch mechanism, mining, emerged with Bitcoin (2009), rewarding participants for validating transactions.

The $LIBRA scandal and $MELANIA token concerns underscore the need for improved security and regulation.

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Article Details

Author / Journalist: Ashfaq

Category: Crypto

Markets: United Arab Emirates

Topics: Blockchain Altcoin Blockchain News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-14 @ 21:31:59 (18 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 630 words

Reading Time: 4 minutes read

Sentences: 42 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 27010202

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 6 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

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Publisher ID: #125

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