In Cryptocurrency International, there are many sudden falls of tokens, and recently Libra Token price declined drastically Carred up the market. Libra Token was linked to Argentina’s President, Javier Milei, and after its launch, a sudden price declined, after which several serious allegations were placed on the Jupiter Alternate. However, Jupiter Alternate explained its position, denying these allegations. In this article, we will see what Jupiter Alternate said on this whole controversy and what is his investigation process took out.
Jupiter Alternate’s statement and cleanliness
After the launch of Libra Token, when its price declined rapidly, many traders accused the Jupiter Alternate that the company already had information about the token and took advantage of it. Jupiter Alternate, while denying these rumors and allegations on X (East), clarified that he had no relation with Libra Token’s launch, trading or funding. The company said that some of his team members had heard about Libra Token two weeks ago, but they had no confirmed details of its launch date and other import information.
Jupiter also reported that Libra Mission was first discovered through Kelsier Ventures, and the company did not play any role in it. To investigate the entire case, Jupiter Alternate started an internal investigation, which found that no team was involved in the member Buying and Selling. In addition, the company also requested the community that if someone has any proof, it brought it to the fore, and he is ready to do strict action when he finds out any wrong activity.
Libra Token status and market impact
The fall in the price of Libra Token raised many questions and currently costs $ 0.3286, which has fallen to 24.98%. In addition, its market cap is $ 84.28 million, and a 24 -hour trading volume is $ 24.25 million. Jupiter Alternate made it clear that Libra Token was only put in his strict record when its market cap reached $ 1.5 billion. The company took this step to protect the traders from scam tookons, not to support Libra.
Jupiter Alternate’s CEO Meow also confirmed that when Libra Token was live, he was sleeping in Tokyo and he had no information about the contract address and launch timing of this token. He also said that the stir and rumors that are spreading around Libra bring back the issues associated with memecoins, and the life savings generated by such launch causes damage to Crypto Eco-Device from the strategies.
Conclusion
Jupiter Alternate clearly stated that he was not involved in Libra Token’s crash and was not involved in any wrongdoing. The company proved after internal investigation that no team was included in the member Buying and Selling or other unthinkable activities. Despite this, the Jupiter has promised to provide safe and trusted trading environment to the boyers, given the controversies around the ignorance and memecoins released in Crypto Family. The case in Crypto Marketplace transparency and Onesty Re -exposes the requirement of the Jupiter Alternate is ready to fulfill its responsibility in this direction.
