Industry leaders, including Thomas Puech, have commented on the controversy surrounding politician-backed tokens, suggesting that they may lead to dissatisfaction among inexperienced traders.

Financial experts have raised alarms that unauthorized promotions of assets could harm investor relations and destabilize Argentina's economy.

In response to allegations of financial impropriety, a spokesperson for Davis denied the authenticity of the claims, labeling them as politically motivated attacks against Milei.

Despite the fluctuating market conditions, overall sentiment remains neutral, with experts advising investors to exercise due diligence and patience.

Moty Povolotsky, founder of DeFiTuna, has accused Chow of facilitating a network of influencers profiting from memecoin launches, despite the risks posed to retail investors.

As of mid-February 2025, Solana (SOL) has remained above the critical $190 level, a price point that has historically acted as a support level for upward price movements.

Chow has publicly claimed that neither he nor Meteora engaged in any improper financial practices, although he acknowledged exercising poor judgment regarding the project.

In the wake of a significant drop in Ethereum's price, investor interest has surged for a new meme coin called BTC Bull (BTCBULL), which successfully raised over $887,000 during its presale in just two days.

Concerns regarding potential market manipulation through social media platforms are prompting calls for stronger regulatory measures to protect investors.

The ongoing controversy poses a significant risk to President Milei's administration, potentially undermining public confidence and foreign investor perception as he seeks to negotiate a loan with the International Monetary Fund.

In related news, business owners in Germany have expressed frustration with the ruling coalition, citing a perceived decline in the country's competitiveness.

Alon, the founder of Pump.fun, has condemned the actions surrounding the Libra project, calling for accountability among those involved.