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The market value is as high as US$1 billion. Is the President of the Central African Republic’s Meme coin CAR worth buying?

Trump’s TRUMP became a thing of the past, and the Central African President’s CAR came to pick me up.

Author: Wenser, Odaily Planet Daily

After the short “BNB Chain Market” over the weekend, Monday, the daily “pouring”, ushered in a new “market speed and comprehensive”-CAR.

Central African Republic President Faustin-Archange Touadéra after Trump released the official Meme coin (Fausstan-Archange Touvandra) The official account of platform X (Oddaily note: based on existing information, it is not possible to confirm the release by me) posted an infectious tweet at about 6 a.m., saying that “Meme coins called CAR will be released, and I want to use this experiment to leverage the power of Meme to push the Central African Republic to the world stage.” Finally, the token contract address was directly posted.

After the news came out, hot money poured in on the market, and countless people exclaimed,”In 2025, you can even see the President of the Central African Republic calling you to buy coins.” The market value of token CAR has also been rising, reaching a maximum of nearly US$1 billion. As of writing, the market value of CAR was tentatively reported at US$650 million. Odaily Planet Daily will sort out the relevant information of the token in this article for readers ‘reference.

Note: Meme coin fluctuates greatly, so readers are advised to carefully choose the target, DYOR.

The power of Sukumi CAR: The next TRUMP?

At around 8:30 in the morning, the market value of the Central African Republic President’s Concept Meme Coin CAR briefly exceeded US$470 million, and quickly fell back to US$270 million.

It is worth mentioning that the official account of the President of the Central African Republic Faustin-Archange Touadéra X platform also emphasized at the same time in the tweet comment area:

As the president of the second country in the world to use Bitcoin as legal tender, I have always had a clear understanding of the potential of cryptocurrencies and their benefits on a global scale. For all information about CAR Meme, please visit http://car.meme (Odaily Planet Daily Note: This website has been restricted by the domain name provider namecheap.com and cannot be opened).

At present, the market focus is mainly concentrated on the following aspects:

1. Is it really a “Central African President issuing coins”?

On this point, based on the flow of market funds, most people prefer a positive view (or, most people are willing to believe it is true).

Those who hold the opposite view mainly come from technical information tracking: Unrevealed XYZ founder Yokai Ryujin warned that the process of registering the CAR domain name on domain name provider namecheap.com does not look like “something a president or the country would do,” pointing out that the domain name was registered only three days ago. Subsequently, Namecheap officials said they had “suspended abuse of the service.”

In addition, the X platform has suspended the official X account @Carmeme_news dedicated to the Meme coin, but the Central African president said he is “working with X” to restore the page as soon as possible.

At the same time, Jupiter officials also stepped forward: Jupiter co-founder meow first issued a statement saying: “Since this is its first such token, we have contacted the CAR office to further confirm the validity of the token. We will update any information we receive in real time. The team temporarily verified the CAR to prevent users from purchasing the wrong token, but there was still a lot of information we didn’t know, including the source of the token, questions about the lockdown, etc. Please be careful of the risks.” Later, it issued a warning again: “We introduced organic score in the platform’s Trending Tokens module. This function will not indicate whether the token is authentic, but only shows that there are many real traders trading relevant tokens. Jupiter will introduce a tag on this basis to avoid verification in this situation.”

The latest news, Jupiter co-founder meow said that he has contacted the CAR deployment team for on-chain verification and has not yet received any off-chain confirmation.

It is worth mentioning that according to AI tools, the CAR deployer wallet address 121ftnYRm3WJmDHCWrazzRoyZAzZQ4xc5XD7dp 3sfpfo is relatively “clean” and no tokens have been issued before.

市值最高逼近10亿美元,中非共和国总统的Meme币CAR值得买吗?

Jupiter provisional verification does not constitute a basis for authenticity

Current conclusion: Doubt.

2. Is the video of the President of Central Africa forged by deepfake?

At about 7:30 a.m., the China-Africa President’s X platform account posted again with a simple “video of ordering goods.”

However, as AI face-changing technology matures, such videos still cannot be used as examples to prove that the account posted the message from the President of Central Africa himself.

Later, it was reported that AI Deepfake detection models Deepware and Avatrify marked as suspicious the video of the President of the Central African Republic announcing the launch of Memecoin CAR.

In addition, X platform user Crypto Dreamer also questioned the content of the video: “The wording used in the tweet video is very strange, and it is now midnight local. It made no sense for them to issue currency at that time, and their official language was French. The content in this tweet video is only in English, not in French.”

Current conclusion: The video may be a deepfake face-changing fake.

3. What about the CAR token economy model?

According to Solscan data, the token distribution data is roughly consistent with the token economics announced on the CAR project’s official website. Among the top 4 wallet addresses:

Wallet 51MsZhT6xPSFZ3KriJKuuk2 mivcnrsszCw 8Noo7NJsQDL holds 33.31% of the tokens;

Wallet 5aXLXUwt6KvsfHmv1zwyxdaezETbTu6i2rV5R2sFMhnV holds approximately 25% of the tokens;

Wallet 2Dd5LUBQmUHp17fTJgu5qNdAm2R9ZLLEFprYVJvdazmr holds 9.81% of the tokens;

Wallet HAZrZNBuvcy6M4G5M38wweZtgsZm43WgpbWbTERNU8MM holds 8.39% of the tokens.

市值最高逼近10亿美元,中非共和国总统的Meme币CAR值得买吗?

Solscan interface token information

According to previous project official website information, only 9.3% of CAR tokens are publicly distributed, of which 35% will be used for the national development of the Central African Republic; creator and company tokens account for 25% ; liquidity injection accounts for 20.7% ; and another 10% of the tokens will be used for charities. Previously, the president of China and Africa also mentioned in a tweet that “80% of tokens have been locked through @streamflow_fi.” However, what is suspicious is that 20% of the CAR supply officially promised to be allocated to the liquidity pool by the project had not been added before writing.

市值最高逼近10亿美元,中非共和国总统的Meme币CAR值得买吗?

CAR's token economics

Whether CAR is the official Meme coin of the President of Central Africa is still unclear.

At the same time, on the other side of the market is the “carnival of speculators” and the “pain of sellers.”

Who got on CAR? Some people make thousands of times their profits, and others sell for more than 40 million dollars

Regardless of whether the CAR token is real or fake, transactions in the market are happening all the time. Some people make hundreds or even thousands of times their profits, while others have no choice but to sell.

Wallet 1: Invest US$5000 and make a profit of 2450 times

According to Lookonchain monitoring, the wallet address Fs7md made a profit of US$12 million from only US$5000 in less than 3 hours, with a return of 2450 times.

Within one second after the President of the Central African Republic (@FA_Touadera) released the CAR token contract address, it purchased 46.57 million CARs for 25 SOL (US$5000), and then sold 22.65 million CARs at a price of 8,395 SOL (US$1.67 million), leaving 23.92 million CARs (US$10.5 million), with a total profit of more than US$12 million.

Wallet 2: Sales exceeded US$40 million, but the band made a profit of US$440,000

According to Lookonchain monitoring, when the President of the Central African Republic released the CAR contract address, a user spent 25 SOL (US$4,905) to buy 49.6 million CARs, with a high value of more than US$40 million. Unfortunately, he only sold it all for 30SOL ($5,957). Realizing that he had missed out on the rally, he quickly spent 139 SOL ($27,400) to buy back 4.08 million CARs, then sold them at 2,358 SOL ($467,400), making a profit of $440,000.

Wallet 3: Profit of US$3 million, profit of 500 times

According to lmk.fun, three hours ago, a user made a profit of US$3 million on CAR with 30.13 SOL (US$5656). He purchased 9.852 million CARs for 29.73 SOL seconds after the President of the Central African Republic posted, and paid a total transaction fee of 0.4 SOL.

Wallet 4: Profit of US$3.08 million, profit of 78 times

According to monitoring by chain analyst AI Aunt, Smart Money 7rCbH spent 200SOL to buy 14.54 million tokens half an hour after CAR was launched, with a cost as low as US$0.002725; then it sold all tokens in batches during the rise, with an average selling price of US$0.375, and a profit of US$3.08 million has been cleared, with a return rate of 7786%.

Giant whale swaps: Sell TRUMP and buy CAR

According to monitoring by Onchain Lens, a wallet associated with SpiderCrypto exchanged 110,619 TRUMPs for 2.49 million CARs worth US$1.52 million.

There will always be people participating in this big gamble because the rewards always seem so good.

Summary: The official authenticity of the CAR token has yet to be verified, but PolitiMeme is a foregone conclusion

At present, the market value of CAR has dropped back to US$420 million, and whether it is an official coin issued by the President of Central Africa is still pending. But after PolitiFi accounted for by various political concept tokens, it is a foregone conclusion that PolitiMeme releases official Meme coins in the Trump family.

Some people summarized a series of lists of African presidents with potential coin issuance possibilities. Some people pointed out that the information on the CAR website is exactly the same as the information on the TRUMP token website, both mentioning that “the token is not intended to be used as any type of investment, securities or financial instrument. It is specifically designed for entertainment, community participation, and serves as a symbol of community unity. CAR has no intrinsic value and should not be considered a financial asset.”

In any case, the process of mainstreaming cryptocurrencies will continue with similar token turmoil complemented by odd ways such as ETF funds, with everyone being both a participant and a witness. As Central African President Faustin-Archange Touadéra’s official account tweeted: “Bitcoin is a common currency.”

市值最高逼近10亿美元,中非共和国总统的Meme币CAR值得买吗?

 

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