Central African Republic President: "Meme Coin CAR, Official Coin of the Central African Republic... Not a Hack"
Summary
- The President of the Central African Republic declared that CAR is an officially issued meme coin by the state.
- The recent price fluctuation of CAR saw a sharp rise followed by a 94.98% drop.
- The CAR meme coin was launched to express the Central African Republic's commitment to technological innovation and blockchain development.
The President of the Central African Republic (CAR) has acknowledged that the Central African Republic Meme (CAR) is an officially issued meme coin by the state.
On the 12th (local time), Faustin-Archange Touadéra, President of the Central African Republic, stated on X, "The account was not hacked, nor am I a victim of deepfake," confirming that the recently launched CAR is the official meme coin of the Central African Republic. He further added, "CAR expresses my commitment to technological innovation and blockchain development in the Central African Republic."
Previously, President Faustin-Archange Touadéra announced the launch of the CAR meme coin via X. Following a surge of about 900,000%, CAR is currently trading at $0.04488, a 94.98% drop from its peak, according to Dex Screener as of 12:01 AM.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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