
Javier Milei, the president of Argentina, became the most recent politician to endorse a memecoin.
Milei, a brash-talking populist, followed in the footsteps of President Donald Trump, who launched his own Bitcoin, the world’s largest cryptocurrency, was designed to be a digital rival to the dollar. Ether, the world’s second-largest cryptocurrency, facilitates so-called decentralized applications like lending products and digital artwork.