

Interpretation of CAR of the Issuance of Meme Coin by Chinese and African President Faustin-Archange Touadéra
Mar 05, 2025 pm 04:51 PMPresident of the Central African Republic Faustin-Archange Touadéra recently announced the launch of the Meme coin $CAR, which attracted widespread attention. Touadéra claims that $CAR is intended to promote national development and enhance the international influence of the Central African Republic.
However, the authenticity of the news was quickly questioned. Analysis results of AI deep pseudo detection platform Deepware show that Touadéra's announcement video has a high possibility of deep forgery (up to 82%), which greatly reduces the credibility of the project. It is not clear whether the president's account has been hacked or whether the statement was posted by him.
According to the announced token allocation plan, the total amount of $CAR is 1 billion, of which 35% is used for national development, 25% is allocated to project creators and related companies, 20.7% is used to provide liquidity, 10% is used for charity, and the remaining 9.3% is used for public allocation.
$CAR's market value soars, with many doubts
After going online, $CAR's market value soared rapidly, once exceeding $980 million, and then fell back to $620 million (as of press time). This phenomenon triggered further market investigation into its authenticity.
Yokai Ryujin, founder of Unrevealed XYZ, pointed out that the registration time for the official domain name of the $CAR project was only three days ago, and the registration method does not match the government website standards (the website is currently inaccessible).
In addition, there are other anomalies in the project: the announcement was published late at night in the Central African Republic, using English rather than official French; the official X account @Carmeme_news, responsible for promotion, has been suspended by the platform; $CAR's market value once approached 40% of the Central African Republic's GDP in a short period of time (the Central African Republic's GDP in 2023 is about US$2.5 billion), causing market concerns about potential hype or manipulation.
In view of the many doubts in the project, experts remind investors to be cautious. The Meme currency market is extremely risky, and the authenticity of the $CAR project remains to be confirmed. Investors are advised to avoid participating in related transactions before obtaining more conclusive information.
The above is the detailed content of Interpretation of CAR of the Issuance of Meme Coin by Chinese and African President Faustin-Archange Touadéra. For more information, please follow other related articles on the PHP Chinese website!

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