LIBRA cryptocurrency experienced a remarkable surge of 400%, fueled by the unfreezing of $57 million in USDC following a US court decision. This move was spurred by social media influence, particularly President Javier Milei’s endorsement in Argentina. While initially driven by a rapid price spike and FOMO (fear of missing out), LIBRA’s surge ultimately retracted after experiencing a temporary peak. 400% gains highlight the volatile nature of crypto markets, with the event demonstrating how public endorsements can significantly impact asset prices. The incident also serves as a reminder of the speculative nature of cryptocurrency investment and highlights potential vulnerabilities to market manipulation.