Breaking news, folks—grab your monocles and popcorn because the crypto world’s gone wild! 🎥💰
The Central African Republic (CAR)—yes, that’s a real place, not a Fast & Furious sequel—launched a meme coin, creatively named… CAR. And who announced it? President Faustin-Archange Touadéra, or as crypto fanboys now call him, “The Meme King.” 👑
Picture this: a wily trader with $5,000 turns it into a jaw-dropping $12 million in three hours. THREE HOURS! What were you doing three hours ago? Eating soup? This guy was swimming in cash like Scrooge McDuck! 🦆💸
Skepticism Strikes Harder Than My Mother’s Meatloaf
According to the Sherlock Holmeses over at Lookonchain, the trader snagged 46.57 million CAR tokens for 25 SOL. Translation for us normies: he paid Monopoly money for a fortune. After a quick “buy low, sell high” maneuver, he sold half his stash for $1.67 million and still has $10.5 million left. 🤯
But wait—there’s a twist! Dun-dun-duuun! 🎻 AI nerds are calling the President’s meme announcement shady. Was the video AI-generated? Is his Twitter hacked? Was the whole thing cooked up by a Bond villain? WHO KNOWS? But the video’s still live. Guess it’s like those embarrassing karaoke photos you never take down but secretly hope everyone forgets. 🎤
Red Flags Redder Than a Stop Sign on Fire
Enter Yokai Ryujin, a skeptic with a name so cool he doesn’t even need umlauts. He’s blowing the whistle louder than a referee at a dodgeball tournament, claiming that CAR’s project is fishy. Like, sink-a-boat kind of fishy. Apparently, the project’s domain was registered three days before launch—on Namecheap. Name.Cheap. Because nothing screams “official government initiative” like a discount web host. 🤦♂️
And about that ‘locked token supply’? HA! Turns out the devs can cancel, withdraw, and sell those tokens like they’re running a garage sale. 🚪🙄 Ryujin hints the devs moved tokens worth $17 million back into their wallets faster than a magician hiding a coin behind your ear. He fears they might drain the project’s $3 million liquidity. That’s less liquidity than my grandma’s gravy! 🫙
Oh, by the way, Namecheap suspended their domain. That’s right, the project’s digital home is gone, making this meme coin look more like a disappearing act than a cultural revolution. 🕵️♀️⛔
You know, meme coins used to just celebrate dogs or Elon Musk’s latest whims. But now political figures are jumping in? What’s next, a tax season meme coin? “FileMoon”? “AuditInu”? Stay tuned, because this circus isn’t leaving town anytime soon. 🎪🤑
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2025-02-10 17:29