CAR’s wild memecoin ride from $600M to $35M, explained
The Central African Republic’s presidential CAR memecoin promised unity and development — but then came phishing links, AI scrutiny and a market cap collapse.
![CAR’s wild memecoin ride from $600M to $35M, explained](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTIvMDE5Mzk3NTQtMWM1YS03YTI4LWI4MjUtMWYzZmNlMWNlMGY4.jpg?#)
The Central African Republic’s presidential CAR memecoin promised unity and development — but then came phishing links, AI scrutiny and a market cap collapse.