"Crypto Crash: MELANIA, CAR, LIBRA WIF Plummet"

The cryptocurrency market has been experiencing a bearish trend, leading to significant liquidation in various assets. Among the altcoins to avoid in this cycle are MELANIA, CAR, and LIBRA WIF. These tokens have shown persistent downward movements, with drastic price reductions since their launches. Investors should exercise caution with these options as they continue to display downward momentum.

MELANIA, a meme-based cryptocurrency, gained popularity following Trump’s inauguration but quickly lost its appeal. After reaching an all-time high of $13.73 on January 20, 2025, MELANIA experienced a dramatic 91% drop in value, reaching an all-time low of $1.20 by February 20, 2025. Despite the unlocking of $39 million worth of tokens, MELANIA has shown no significant price movement, indicating investor disinterest and a lack of market confidence.

CAR (Central African Republic) launched its $CAR token to demonstrate the power of a simple meme in bringing people together, promoting national growth, and putting the country on the global stage. Trading at $0.01430, the token has experienced a 40% decline recently, with its all-time low recorded on February 18, 2025, at $0.01139. The CAR experiment seeks to innovate and raise the nation’s profile through the power of digital currency and community engagement.

LIBRA, once touted as Argentina’s official cryptocurrency, has collapsed, resulting in a staggering $4.4 billion loss for investors. Initially embraced as a promising digital asset, the memecoin is now trading at $0.1856, reflecting a sharp 10% drop. Its all-time low of $0.123 was recorded just a week ago, on February 15, 2025. The scandal surrounding LIBRA has sent shockwaves through Argentina’s crypto scene and political landscape, with President Javier Milei facing mounting corruption accusations. Critics argue that Milei’s promotion of LIBRA misled investors and artificially inflated its market value, while lawmakers claim insiders benefitted by cashing out before the inevitable collapse, leaving many with heavy financial losses.

Dogwifhat (WIF), a Solana mem