Bangui, Central African Republic, Feb 10, 2025 (AFP) - Central African Republic launches memecoin

NAMPA / AFP

2025-02-10

The Central African Republic, a poverty-stricken and perennially unstable country despite its vast mineral wealth, has launched a memecoin called $CAR, which had a tumultuous debut, according to experts. A memecoin is a cryptocurrency that rides on the popularity of a viral personality or phenomenon on the internet and is often seen as a purely speculative asset. Centrafrican President Faustin Archange Touadera announced the launch on his X accou......

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