From TRUMP to LIBRA: Did Celebrity Memecoins Derail the Crypto Bull Run? On November 19, 2023, in Buenos Aires, Argentine President Javier Milei witnessed a series of eye-catching "memecoin rug pulls" that raised concerns about the crypto craze damaging Bitcoin's reputation as a stable monetary asset. From the Trump administration's support for TRUMP Token, with the First Lady's endorsement of memecoins, to the LIBRA scandal in Argentina, these speculative frenzies have repeatedly made headli...