The President of the Central African Republic (CAR), Touadéra, launches the meme coin $CAR to draw attention to the country, but the coin’s value falls by 90 percent in the first few days 📉

The President of the Central African Republic (CAR), Faustin-Archange Touadéra, launched the meme coin $CAR, trying to draw attention to one of the poorest countries in the world. The idea was presented as an "experiment" to support national development, but just a few days later, the coin's value fell by 90 percent. Previously, CAR became the second country to adopt Bitcoin as legal tender, but the Sango project, aimed at attracting investors, was unsuccessful. Touadéra hopes that the funds from the meme coin will help rebuild destroyed schools and improve the future for the country's youth.