In the context of Argentina's severe economic situation and persistently high inflation rates, Milei has implemented a series of radical economic reforms after taking office. Promoting cryptocurrencies may be his attempt to find new economic breakthroughs, but it has now led to greater chaos. The cryptocurrency market is itself highly unstable, lacks effective regulation, and is easily manipulated in terms of pricing. The involvement of leaders will attract a large number of ordinary investors to follow suit, and once the market fluctuates, investors will suffer heavy losses, which can also trigger a crisis of trust. The significant losses suffered by investors due to Trump's issuance of the personal Meme coin TRUMP illustrate the risks involved.