After a brief weekend surge in the BNB Chain market, Monday brought a new speculative frenzy—CAR, a meme coin allegedly endorsed by the President of the Central African Republic, Faustin-Archange Touadéra.

Following the trend set by Trump's official meme coin, the X platform account of President Touadéra (note: it remains unconfirmed whether the account is officially verified) posted an enthusiastic tweet at 6:00 AM, announcing the launch of a meme coin named CAR. The tweet claimed that the coin aims to "leverage the power of memes to put the Central African Republic on the global stage" and included the token contract address.

The announcement sparked a wave of speculative investment, with many exclaiming, "In 2025, even the President of the Central African Republic is telling you to buy crypto!" The market cap of CAR skyrocketed, nearing $1 billion at its peak. As of writing, CAR's market cap stands at $650 million. Odaily Planet Daily provides an overview of the token's details for readers' reference.

Disclaimer: Meme coins are highly volatile. Please conduct thorough research (DYOR) before investing.

Around 8:30 AM, the market cap of CAR briefly surpassed $470 million before quickly dropping to $270 million. As news spread, debates erupted over whether the president's account was hacked or if the coin was a legitimate opportunity, reminiscent of the drama surrounding Trump's TRUMP token. Amid skepticism and FOMO (fear of missing out), CAR's market cap surged, reaching a high of $980 million by 10:00 AM.

Notably, the president's X account emphasized in the comments:

"As the leader of the second country to adopt Bitcoin as legal tender, I have always recognized the potential of cryptocurrencies and their global benefits. For all information about CAR Meme, visit http://car.meme." (Note: The website is currently restricted by domain provider Namecheap and is inaccessible.)

1. Is CAR Really Endorsed by the President?
   While many investors are inclined to believe the announcement is genuine, skeptics point to technical red flags. Yokai Ryujin, founder of Unrevealed XYZ, warned that the domain registration process on Namecheap "doesn't look like something a president or nation would do," noting the domain was registered just three days ago. Namecheap later confirmed it had suspended the service for "abuse."

Additionally, X platform suspended the official @Carmeme_news account, though the president stated he is "working with X" to restore it. Jupiter co-founder Meow also expressed caution, stating that while the team temporarily verified CAR to prevent users from buying the wrong token, many details—such as the token's origin and lock-up mechanisms—remain unclear.

Conclusion: The authenticity of CAR remains questionable.

1. Is the President's Video a Deepfake?
   Around 7:30 AM, the president's X account posted a promotional video. However, with the rise of AI deepfake technology, the video's authenticity is dubious. AI detection models like Deepware and Avatrify flagged the video as suspicious.

X user Crypto Dreamer also raised concerns: "The wording in the video is odd, and it's midnight locally. Launching a coin at this time makes no sense, and their official language is French. The video is only in English."

Conclusion: The video is likely a deepfake.

1. What is CAR's Tokenomics?
   According to Solscan data, CAR's token distribution aligns with the project's official tokenomics. The top four wallets hold:

   • 33.31% of tokens

   • 25% of tokens

   • 9.81% of tokens

   • 8.39% of tokens

The project initially allocated 9.3% of tokens for public distribution, with 35% earmarked for national development, 25% for creators, 20.7% for liquidity, and 10% for charity. However, the promised 20% liquidity pool allocation has yet to be added, raising further doubts.

Regardless of CAR's legitimacy, the market has seen both massive gains and losses:

• Wallet 1: Turned $5,000 into $12 million (2,450x return) within hours.

• Wallet 2: Missed out on $40 million but still profited $440,000 through strategic trading.

• Wallet 3: Earned $3 million (500x return) with a $5,656 investment.

• Wallet 4: Made $3.08 million (78x return) by buying early and selling at the peak.

Even large investors are shifting focus: one whale swapped 110,619 TRUMP tokens for 2.49 million CAR tokens, worth $1.52 million.

As CAR's market cap stabilizes around $420 million, its legitimacy remains uncertain. However, the trend of political meme coins (PolitiMeme) is undeniable, following the success of Trump's TRUMP token.

Some have compiled a list of African leaders who might launch their own meme coins, while others note similarities between CAR's website and TRUMP's, both disclaiming any financial value or investment purpose.

Regardless, the mainstream adoption of cryptocurrencies will continue through such speculative waves and institutional products like ETFs. As President Touadéra's pinned tweet states, "Bitcoin is universal money." Everyone is both a participant and a witness in this evolving narrative.

After a brief weekend surge in the BNB Chain market, Monday brought a new speculative frenzy—CAR, a meme coin allegedly endorsed by the President of the Central African Republic, Faustin-Archange Touadéra.

Following the trend set by Trump's official meme coin, the X platform account of President Touadéra (note: it remains unconfirmed whether the account is officially verified) posted an enthusiastic tweet at 6:00 AM, announcing the launch of a meme coin named CAR. The tweet claimed that the coin aims to "leverage the power of memes to put the Central African Republic on the global stage" and included the token contract address.

The announcement sparked a wave of speculative investment, with many exclaiming, "In 2025, even the President of the Central African Republic is telling you to buy crypto!" The market cap of CAR skyrocketed, nearing $1 billion at its peak. As of writing, CAR's market cap stands at $650 million. Odaily Planet Daily provides an overview of the token's details for readers' reference.

Disclaimer: Meme coins are highly volatile. Please conduct thorough research (DYOR) before investing.

Around 8:30 AM, the market cap of CAR briefly surpassed $470 million before quickly dropping to $270 million. As news spread, debates erupted over whether the president's account was hacked or if the coin was a legitimate opportunity, reminiscent of the drama surrounding Trump's TRUMP token. Amid skepticism and FOMO (fear of missing out), CAR's market cap surged, reaching a high of $980 million by 10:00 AM.

Notably, the president's X account emphasized in the comments:

"As the leader of the second country to adopt Bitcoin as legal tender, I have always recognized the potential of cryptocurrencies and their global benefits. For all information about CAR Meme, visit http://car.meme." (Note: The website is currently restricted by domain provider Namecheap and is inaccessible.)

1. Is CAR Really Endorsed by the President?
   While many investors are inclined to believe the announcement is genuine, skeptics point to technical red flags. Yokai Ryujin, founder of Unrevealed XYZ, warned that the domain registration process on Namecheap "doesn't look like something a president or nation would do," noting the domain was registered just three days ago. Namecheap later confirmed it had suspended the service for "abuse."

Additionally, X platform suspended the official @Carmeme_news account, though the president stated he is "working with X" to restore it. Jupiter co-founder Meow also expressed caution, stating that while the team temporarily verified CAR to prevent users from buying the wrong token, many details—such as the token's origin and lock-up mechanisms—remain unclear.

Conclusion: The authenticity of CAR remains questionable.

1. Is the President's Video a Deepfake?
   Around 7:30 AM, the president's X account posted a promotional video. However, with the rise of AI deepfake technology, the video's authenticity is dubious. AI detection models like Deepware and Avatrify flagged the video as suspicious.

X user Crypto Dreamer also raised concerns: "The wording in the video is odd, and it's midnight locally. Launching a coin at this time makes no sense, and their official language is French. The video is only in English."

Conclusion: The video is likely a deepfake.

1. What is CAR's Tokenomics?
   According to Solscan data, CAR's token distribution aligns with the project's official tokenomics. The top four wallets hold:

   • 33.31% of tokens

   • 25% of tokens

   • 9.81% of tokens

   • 8.39% of tokens

The project initially allocated 9.3% of tokens for public distribution, with 35% earmarked for national development, 25% for creators, 20.7% for liquidity, and 10% for charity. However, the promised 20% liquidity pool allocation has yet to be added, raising further doubts.

Regardless of CAR's legitimacy, the market has seen both massive gains and losses:

• Wallet 1: Turned $5,000 into $12 million (2,450x return) within hours.

• Wallet 2: Missed out on $40 million but still profited $440,000 through strategic trading.

• Wallet 3: Earned $3 million (500x return) with a $5,656 investment.

• Wallet 4: Made $3.08 million (78x return) by buying early and selling at the peak.

Even large investors are shifting focus: one whale swapped 110,619 TRUMP tokens for 2.49 million CAR tokens, worth $1.52 million.

As CAR's market cap stabilizes around $420 million, its legitimacy remains uncertain. However, the trend of political meme coins (PolitiMeme) is undeniable, following the success of Trump's TRUMP token.

Some have compiled a list of African leaders who might launch their own meme coins, while others note similarities between CAR's website and TRUMP's, both disclaiming any financial value or investment purpose.

Regardless, the mainstream adoption of cryptocurrencies will continue through such speculative waves and institutional products like ETFs. As President Touadéra's pinned tweet states, "Bitcoin is universal money." Everyone is both a participant and a witness in this evolving narrative.