Original | Odaily Planet Daily ( @OdailyChina )
Author: Wenser ( @wenser 2010 )
After the short “BNB Chain market” over the weekend, the daily “watering” Monday ushered in a new “market speed pass” - CAR.
After Trump released the official Meme coin, the official account of the X platform of Faustin-Archange Touadéra, President of the Central African Republic (Odaily Note: According to the current information, it cannot be confirmed that it was released by him) posted a very contagious tweet at around 6 am, saying that a Meme coin called CAR will be released. We want to use this experiment to exert 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 in the market swarmed in, 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 the token CAR has also risen all the way, reaching a maximum of nearly 1 billion US dollars. As of the time of writing, the market value of CAR is temporarily reported at 650 million US dollars. Odaily Planet Daily will sort out the relevant information of the token in this article for readers reference.
Note: Meme coins are highly volatile, so readers are advised to choose the target carefully, DYOR.
The power of CAR: The next Trump?
Around 8:30 in the morning, the market value of CAR, the Central African Republic Presidential concept Meme coin, briefly broke through $470 million and then quickly fell back to $270 million.
Later, as the market news gradually spread, some people suggested that the account might have been stolen, while others thought it was worth a try, just like the drama after the release of the TRUMP token. CARs market value also rose amid doubts and FOMO, and rose to a high of US$980 million around 10 oclock.
It is worth mentioning that the President of the Central African Republic, Faustin-Archange Touadéra, also emphasized in the tweet comment section at the same time:
As the second president of a country in the world to adopt Bitcoin as legal tender, I have always been clear about the potential of cryptocurrencies and their benefits around the world. 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 president of Central Africa issued currency”?
Regarding this point, based on the flow of market funds, most people tend to be more positive (or, most people are willing to believe it is true).
Those who hold opposing views mainly follow the information from the technical level: Yokai Ryujin, founder of Unrevealed XYZ, warned that the process of registering the CAR domain name on the domain name provider namecheap.com did not look like something that the president or the country would do, and pointed out that the domain name was registered only three days ago. Subsequently, Namecheap officials said that they had suspended the abuse service.
Additionally, the X platform has suspended the official X account @Carmeme_news dedicated to the meme coin, but the CAR president said he is “working with X” to restore the page as soon as possible.
At the same time, Jupiter officials also came out to express their views: Jupiter co-founder meow first posted a message saying : Since this is the first token of its kind, 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 has temporarily verified CAR to prevent users from purchasing the wrong tokens, but there is still a lot of information we don’t know, including the source of the tokens, questions about the lock-in, etc. Please be careful of the risks. Later, he issued another warning : We introduced an organic score in the Trending Tokens module of the platform. This feature does not indicate whether the token is real, but only shows that there are many real traders trading related tokens. Jupiter will introduce a label on this basis to avoid verification in this case.
The latest news is that Jupiter co-founder meow said that he has contacted the CAR deployment team for on-chain verification, but has not yet received any off-chain confirmation.
It is worth mentioning that according to the judgment of AI tools, the wallet address of CARs deployer 121ftnYRm3WJmDHCWrazzRoyZAzZQ4xc5XD7dp3sfpfo is relatively clean and no tokens have been issued before.
Jupiter Temporary verification, does not constitute authenticity basis
Current conclusion: questionable.
2. Is the video of the Central African president a deepfake?
Around 7:30 in the morning, the Central African President X platform account posted another message with a simple video of bringing goods and shouting orders.
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 the Central African Republic himself.
Subsequently, it was reported that the AI Deepfake detection model Deepware, Avatrify marked the video of the President of the Central African Republic announcing the launch of the Meme coin CAR as suspicious.
In addition, Crypto Dreamer, a user on the X platform, also questioned the content of the video: “The wording used in the tweet video is weird, and the time is now midnight local time. It doesn’t make sense for them to issue currency at that time, and their official language is French. The content of this tweet video is only in English, there is no French version.”
Current conclusion: The video may be a deepfake.
3. What is the economic model of CAR token?
According to Solscan data , the token distribution data is roughly consistent with the token economics published on the CAR project official website. Among the top 4 wallet addresses:
Wallet 51MsZhT6xPSFZ3KriJKuuk2mivcnrszCw8Noo7NJsQDL holds 33.31% of tokens;
Wallet 5aXLXUwt6KvsfHmv1zwyxdaezETbTu6i2rV5R2sFMhnV holds about 25% of the tokens;
Wallet 2Dd5LUBQmUHp17fTJgu5qNdAm2R9ZLLEFprYVJvdazmr holds 9.81% of tokens;
Wallet HAZrZNBuvcy6M4G5M38wweZtgsZm43WgpbWbTErNU8MM holds 8.39% of tokens.
Solscan interface token information
According to the previous information on the projects official website, only 9.3% of CAR tokens will be publicly allocated, of which 35% will be used for the development of the Central African Republic; creators and companies will receive 25% of tokens; liquidity injection will account for 20.7%; and another 10% of tokens will be used for charities. Previously, the President of the Central African Republic also mentioned in a tweet that 80% of the tokens have been locked through @streamflow_fi . But what is suspicious is that the 20% of the CAR supply that the project officials promised to allocate to the liquidity pool has not been added as of the time of writing.
CAR’s Token Economics
Whether CAR is the official meme coin of the Central African President remains shrouded in mystery.
At the same time, on the other side of the market there is speculators carnival and sellers pain.
Who got on the CAR car? Some people made thousands of times the profit, and some sold their planes for more than 40 million US dollars.
Regardless of whether the CAR token is real or fake, transactions are ongoing in the market every moment. Some people make hundreds or even thousands of times the profit, while others are forced to sell out.
Wallet 1: Invested $5,000 and earned 2,450 times the profit
According to Lookonchain monitoring , the wallet address Fs7md made a profit of 12 million US dollars with only 5,000 US dollars in less than 3 hours, with a return of 2,450 times.
Within one second after the President of the Central African Republic (@FA_Touadera) released the CAR token contract address, he spent 25 SOL (5,000 US dollars) to buy 46.57 million CARs, and then sold 22.65 million CARs at 8,395 SOL (1.67 million US dollars), leaving 23.92 million CARs (10.5 million US dollars), with a total profit of more than 12 million US dollars.
Wallet 2: Sold over $40 million, but made a swing profit of $440,000
According to Lookonchain monitoring , when the President of the Central African Republic released the CAR contract address, a user spent 25 SOL (4,905 US dollars) to buy 49.6 million CARs, with a high value of more than 40 million US dollars. But unfortunately, he sold them all at only 30 SOL (5,957 US dollars). Realizing that he missed the rally, he quickly spent 139 SOL (27,400 US dollars) to buy back 4.08 million CARs, and then sold them at 2,358 SOL (467,400 US dollars), making a profit of 440,000 US dollars.
Wallet 3: Profit of $3 million, 500 times profit
According to lmk.fun monitoring , 3 hours ago, a user made a profit of $3 million on CAR with 30.13 SOL (5656 USD). He spent 29.73 SOL to buy 9.852 million CARs a few seconds after the President of the Central African Republic posted, and paid a total of 0.4 SOL in transaction fees.
Wallet 4: Profit of $3.08 million, 78 times profit
According to the monitoring of on-chain analyst AI Aunt, the smart money 7rCbH spent 200 SOL to buy 14.54 million tokens half an hour after CAR went online, with the cost as low as US$0.002725; then sold all the tokens in batches during the rise, with an average selling price of US$0.375. The position has been liquidated and a profit of US$3.08 million has been made, with a return rate of 7786%.
Whales switch positions: sell TRUMP and buy CAR
According to Onchain Lens monitoring , a wallet associated with SpiderCrypto exchanged 110,619 TRUMP for 2.49 million CAR, worth $1.52 million.
There are always people who take this gamble because the rewards always seem so great.
Summary: The official authenticity of the CAR token remains to be verified, but PolitiMeme is a foregone conclusion
At present, the market value of CAR has fallen back to 420 million US dollars, and whether it is the official currency issued by the President of Central Africa is still undecided. But after PolitiFi, which is occupied by various political concept tokens, PolitiMeme has released the official Meme coin in the Trump family.
Someone summarized a list of African presidents who have the potential to issue coins. Someone pointed out that the information on the CAR official website is exactly the same as that on the TRUMP token official website, both of which mentioned that the token is not intended to be used as any type of investment, security or financial instrument. It is designed for entertainment, community participation, and as a symbol of community solidarity. 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 crises and ETF funds, and everyone is both a participant and a witness. As the Central African President Faustin-Archange Touadéra said in the top tweet of the official account of the X platform: Bitcoin is the universal currency.
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