PANews reported on February 19 that according to CoinDesk, Galaxy Research said in a report on Monday that the apparent LIBRA token scam is the latest incident to have a negative impact on the Solana Meme coin ecosystem. This trend has begun to deteriorate since the launch of the TRUMP token in January and the subsequent "liquidity exhaustion". The report stated that LIBRA may cause more damage to the Meme coin system.

Galaxy said this could reduce investor demand for holding Solana’s SOL token, noting that SOL’s rally has been driven primarily by demand for SOL-denominated assets such as meme coins; the LIBRA token scam is the “latest sordid incident” to emerge in the Solana meme coin ecosystem, which has fallen sharply since Trump launched in January and briefly rose to a peak of $75 billion in fully diluted valuation (FDV).