This country just launched a national meme coin; Crashes 80%
The Central African Republic has become the first country to unveil a national meme coin, with the leadership stating that the initiative partly aims to promote unity. The Central African Republic Meme (CAR) was announced by the country’s President, Faustin-Archange Touadéra, who noted that it is an “experiment” designed to push national development, according to an X post on February 10. Today, we are launching $CAR – an experiment designed to show how something as simple as a meme can unite people, support national development, and put the Central African Republic on the world stage in a unique way. Contract: 7oBYdEhV4GkXC19ZfgAvXpJWp2Rn9pm1Bx2cVNxFpump — Faustin-Archange Touadéra (@FA_Touadera) February 9, 2025 The post elicited reactions, some suggesting that the account might have been hacked, but President Touadéra shared another video reiterating the country’s belief in blockchain technology. ...