On February 15, 2025, Argentine President Millet announced the launch of the Meme coin LIBRA, causing a short-term surge and drop in coin prices, and the future direction of the cryptocurrency industry is therefore full of variables. At the market level, in the short term, investor trust is damaged, panic selling leads to price drops, and trading is cold In the long run, the market will tend towards rationality, with funds flowing towards high-quality projects based on fundamentals. At the regulatory level, the incident has exposed regulatory loopholes, and there is a growing call for countries to strengthen supervision. In the future, it may also promote global regulatory coordination and cooperation. In terms of technology and innovation, in order to cope with risks, the upgrading of blockchain technology and exploration of innovative applications will accelerate. In terms of industry development, there will be an accelerated reshuffle, with weak projects being eliminated and industry self-discipline continuously strengthened.