CAR Coin Surges 620,000% in a Day… Jupiter Founder 'Verifying Authenticity'

Uk Jin

Summary

CAR Coin surged 620,000% from its launch price, with a market capitalization exceeding $600 million.
Jupiter co-founder meow is verifying the authenticity of CAR Coin and has contacted the authorities.
There are still questions about the token's origin and lock-up volume of CAR Coin.

Jupiter (JUP) co-founder meow stated on the 10th via X (Twitter), "We are verifying the authenticity of CAR, known as the official meme coin of the Central African Republic. We have contacted the authorities."

He continued, "We will provide real-time updates as soon as the facts are confirmed," adding, "Although preliminary verification is complete, there are still questions about the token's origin, lock-up volume, and other specific information."

Meanwhile, the official meme coin of the Central African Republic, CAR, is trading at $0.6316 as of 11:33 AM today, a 620,000% surge from its launch price. Its market capitalization has exceeded $600 million.