The Central African Republic ($ CAR) record obtained great popularity, but then faced a significant fall. The president of Automobiles described it as great success for a meme token.
Introduction: The Central African Republic (CAR) is a country without coastline in central Africa. Its capital is Bangui. It is one of the poorest countries in the world, with a very weak economy, where the majority of the population continues to depend on agriculture, diamond mining and gold and forestry. Due to political instability and limited infrastructure, the country’s economy has slowed down. In April 2022, this country adopted Bitcoin as a currency, but later in 2023, the decision was revoked by the parliament of the car.
On February 10, 2025, the President of the Republic of Central Africa (CAR), Faustin Archange Toujade, announced the launch of a meme crypto token called $ Car Coin.
Through advertisementFaustin clarified his vision with this meme file and said it was only part of an experiment show people how we can join them along with just a meme card and finally put the country on the global stage in a unique way.
In addition, the president of the car said that, as president of Pro-Bitcoin, he always appreciated the potential of Crypto & Blockchain technology.
To share new developments and news about La Moneda $ Car, Faustin also launched a website, www.carmemecoin.com and an X account, @carmeme_news. He also thanked all the people who showed support for this cryptographic meme and exhibited the country as a process.
Note: The account x.com/carmeme_news has been blocked by team X (previously Twitter)
$ Car token to help the country’s basic school education
Today, the president of the car announced that he will assign $ 50,000 in car tokens per day during the next 30 days to support the country’s basic school education with a better ecosystem.
He also said they intended to help students access basic education and give students the opportunity to choose a better future.
However, this initiative is really appreciable, but this news acted as a negative development for car tokens holders. They considered this last decision as bad news for the future price of the currency $ car.
The current commercial price of Automobile is $ 0.067 and this price level is 91% less than in the last 24 hours of negotiation.
Donald Trump’s meme coin
Previously, this president of the United States, Donald Trump, launched his token with his own name, called $ Trump. In 24 hours, Trump’s Token obtained great popularity, but then he crashed badly.
The current commercial price of the $ Trump is $ 16.24 and this price level is 150% higher from the launch of this token.
To launch this meme token, many cryptography enthusiasts showed hatred for the president of the United States. Some critics said that the president of a country can launch a meme token and call it collectible, while that file can be used in money laundering activities and can also be used to pay money for goods and services.
Read also: Totos of main cryptographic: The strategy acquires 7,633 BTC, Gate Collabs Red Bull Formula 1, Auto Lanza Token de Memes
