With a market value of nearly US$1 billion, is the Meme CAR worth buying from the President of the Central African Republic?

Author: Wenser, Odaily Planet Daily

After the short "BNB Chain market" ended on the weekend, a new "market speed-through" Monday was ushered in a new "market speed-through" - CAR.

After Trump released his official Meme currency "Pearls and Jades in the Forefront", the official account of the X platform of President Faustin-Archange Touadéra (Fostertan-Alshange Touadéra) (Odaily Note: According to the existing information, It cannot be confirmed that it is my post) at around 6 a.m., a very infectious tweet was posted, saying that "the Meme coin named CAR will be released, and I want to use this experiment to exert the power of Meme to promote the Central African Republic to the world. "Stage", and finally the token contract address was directly posted.

After the news came out, hot money in the market flocked to it, 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 risen, reaching a maximum of nearly US$1 billion. As of writing, CAR's market value was temporarily reported at US$650 million. Odaily Planet Daily will sort out the information related to the token in this article for readers' reference.

Note: Meme coins fluctuate greatly, please carefully select the target, DYOR.

The Power of Speedway CAR: The Next TRUMP?

At around 8:30 am, the market value of the Meme CAR, the Presidential Concept of the Central African Republic, briefly exceeded US$470 million, and quickly fell back to US$270 million.

Subsequently, as the market news gradually spread, some people suggested that "the account may be stolen", while others believed that "it was worth a try", just like the drama after the release of TRUMP tokens. CAR's market value is also questioned and rose all the way with FOMO, and rose to a high of $980 million at around 10 points.

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 comment section of the tweet:

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

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

1. Is it true that the "China-Africa President issues coins"?

Regarding this, 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 a CAR domain name on domain name provider namecheap.com does not look like "the president or the country will do it." "Things" and pointed out that the domain was registered three days ago. Namecheap officials later said they had "suspended abuse of services."

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

At the same time, Jupiter official also came forward to express his views: Jupiter co-founder meow first posted a message saying: "Since this is its first token of this type, we have contacted the CAR office to further confirm the validity of the token. We will Update any information received in real time. The team temporarily verified the CAR to prevent users from buying the wrong token, but there is still a lot of information we don't know, including the source of the token, questioning the lockdown, etc. Please beware of the risks." Later, he issued another article warning: "We introduced organic score in the platform's Trending Tokens module. This function will not indicate whether the token is real, but only shows that there are many real traders trading related tokens. Jupiter A tag will be introduced on this basis to avoid verification in this case."

According to the latest news, Jupiter co-founder meow said that he had contacted the CAR deployment team for on-chain verification and had not obtained any off-chain confirmation.

It is worth mentioning that according to AI tools, the deployer wallet address of CAR is 121ftnYRm3WJmDHCWrazzRoyZAzZQ4xc5XD7dp3sfpfo is relatively "clean" and has not released any tokens before.

 Jupiter temporary verification does not constitute a basis for authenticity

Current conclusion: doubtful.

**2. Is the video of the Chinese African presidential president a

fake?**

At around 7:30 am, the account of the Chinese and African President X platform posted another article and was equipped with a simple "Video of Calling for Goods".

However, with the maturity of AI face-changing technology, such videos still cannot be used as an example to prove that the account was posted as the President of Central Africa himself.

Subsequently, it was reported that the AI ​​Deepfake detection model Deepware and Avatriify marked the video of the President of the Central African Republic's announcement of the launch of the Meme Coin CAR as suspicious.

In addition, X platform user Crypto Dreamer also questioned the video content: "The wording used in the tweet video is strange, and it is now midnight. It doesn't make sense for them to issue currency at that time, and their official language is French. The content in this tweet video is only in English, no French version.”

Current conclusion: The video may be made by deepfake for changing faces.

3. What is the economic model of CAR tokens?

According to Solscan data, the token distribution data is roughly consistent with the token economics released by the official website of the CAR project, among which the top 4 wallet addresses are:

Wallet 51MsZhT6xPSFZ3KriJKuuk2mivcnrszCw8Noo7NJsQDL holds 33.31% of the tokens;

Wallet 5aXLXUwt6KvsfHmv1zwyxdaezETbTu6i2rV5R2sFMhnV holds about 25% of the tokens;

Wallet 2Dd5LUBQmUHp17fTJgu5qNdAm2R9ZLLEFprYVJvdazmr holds 9.81% of the tokens;

Wallet HAZrZNBuvcy6M4G5M38wweZtgsZm43WgpbWbTErNU8MM holds 8.39% of the tokens.

 Solscan interface token information

According to the previous project official website information, only 9.3% of CAR tokens are available for public distribution, of which 35% will be used for national development of the Central African Republic; the share of creators and companies tokens is 25%; liquidity injection accounts for 20.7%; in addition, there are 10% of the tokens will be used in charity. Previously, the Central African President also mentioned in his tweet that "80% of tokens have been locked through @streamflow_fi". But it is suspicious that 20% of the CAR supply previously promised to allocate to the liquidity pool has not been added until the end of writing.

 Token Economics of CAR

Whether CAR is the official Meme currency of the President of the Central African Republic is still full of doubts.

At the same time, on the other side of the market are "speculators' carnival" and "fly sellers' pain".

Who got into the CAR car? Some make thousands of times profits, some sell

more than 40 million US dollars

Regardless of whether the CAR token is true or false, the market transactions are going on every moment. Some people make hundreds or even thousands of times profits, while others are helpless to sell them.

Wallet 1: Invest 5,000 US dollars and make a profit of 2,450 times

According to Lookonchain monitoring, the wallet address Fs7md made a profit of $12 million in just $5,000 in less than 3 hours, with a return of up to 2,450 times.

Within a second after the President of the Central African Republic (@FA_Touadera) released the CAR token contract address, he spent 25 SOL ($5,000) to purchase 46.57 million CARs and then 8,395 SOL ($1.67 million) The price sold 22.65 million CAR, leaving 23.92 million CAR (US$10.5 million), with a total profit of more than US$12 million.

**Wallet 2: Selling more than $40 million in flight, but making a profit

of $440,000 in bands**

According to Lookonchain monitoring, a user spent 25 SOLs (US$4,905) to buy 49.6 million CARs, with a high value of more than US$40 million. But unfortunately, he sold all for only 30 SOL ($5,957). Realizing that he had missed the uptrend, he quickly spent 139 SOL ($27,400) to buy back 4.08 million CAR, and then sold for 2,358 SOL ($467,400) to make a profit of $440,000.

**Wallet Three: Make a profit of US$3 million, make a profit of 500

times**

According to lmk.fun monitoring, a user made $3 million in CAR with 30.13 SOL ($5,656). He bought 9.852 million CARs for a few seconds after the President of the Central African Republic and paid a transaction fee of 0.4 SOL.

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

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

Giant Whale Changes Position: Selling TRUMP and Buying CAR

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

There are always people participating in this gamble because the rewards always seem so generous.

Summary: The official authenticity of CAR tokens is still to be verified,

but PolitiMeme has become a foregone conclusion

At present, CAR's market value has fallen back to US$420 million, and whether it is the official issuance of coins by the Chinese and African presidents is still pending. But after PolitiFi, which is owned by various political concept tokens, it is a foregone conclusion that PolitiMeme released the official Meme coins in the Trump family.

Some people summarized a series of lists of presidents from various African countries that have potential coin issuance, and some people pointed out that the CAR information is exactly the same as the TRUMP token information, both of which mentioned that "the token is not intended to be used as any type of investment, securities or financial instrument. It is specially designed for Designed for entertainment, community engagement, and as a symbol of community solidarity. CAR has no intrinsic value and should not be regarded as a financial asset."

In any case, the process of mainstreaming cryptocurrencies will continue in a similar token storm that complements ETF funds and other strange and justified ways. Everyone is both a participant and a witness. As the official account of the Central African President Faustin-Archange Touadéra X platform put the tweet: "Bitcoin is a universal currency."