Central African Republic’s President Confirms $CAR Token Launch Was a "Great Success"

In Brief:

President Faustin-Archange Touadéra celebrates the successful launch of $CAR, the country's meme coin.

Expresses gratitude to supporters and the community, calling it a long-term development project.

The announcement follows uncertainty over whether the launch was official or a hack.

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The President of the Central African Republic (CAR), Faustin-Archange Touadéra, has confirmed that the $CAR token launch was successful, thanking supporters for believing in the country’s vision. His statement follows initial speculation over whether his X account was hacked or if the launch was legitimate.

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With $CAR’s price volatility and market cap fluctuations, investors are closely watching to see if this crypto initiative leads to broader blockchain adoption in CAR or remains a high-risk speculative asset.

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