Hayden Davis, a consultant for the controversial Libra token project, announced that the project team sniped at the time of release to prevent sniping by others. The value of Libra reached billions of dollars after the support of the Argentine president, Javier Milei, but plummeted after his support was withdrawn. Davis stated that the goal was to control liquidity and prevent the project from collapsing. He admitted to controlling over $100 million of Libra’s supply. Davis also revealed that Melania Trump was involved in the MemeCoin project and that team also sniped. He also believes that secret dealings by insiders in the MemeCoin release are very common. Davis called for guidelines on managing the remaining $100 million from Libra and said President Milei is expected to talk about his involvement in Libra in a TV interview.
