CAR
Central African Republic Meme
$0.01739469AUD
0.000000127538 BTC
Market Cap
16.9M AUD
24H Trade Vol.
23.3M AUD
Total Supply
1000.0M
All
1W
1M
1Y
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Price Changes
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Buy Central African Republic Meme (CAR)

What is Central African Republic Meme Coin ($CAR)?

The Central African Republic Meme Coin ($CAR) is a cryptocurrency launched by the Central African Republic (CAR) government as part of its efforts to integrate blockchain technology into its economy. Built on the Solana blockchain, $CAR aims to promote national unity, attract investment, and enhance the country’s global visibility. A significant portion of the token supply (45%) is earmarked for development and charitable initiatives.

How does Central African Republic Meme Coin ($CAR) work?

$CAR operates on Solana, a blockchain known for its high scalability and low transaction fees. Key technical features include:

  • Proof of Stake (PoS) consensus with Proof of History (PoH) – Ensures fast, efficient, and secure transactions.
  • Smart contract capabilities – While not explicitly detailed, smart contracts may play a role in token management and governance.
  • Low-cost transactions – Leveraging Solana’s infrastructure to ensure accessibility and affordability.

Despite its national backing, $CAR primarily functions as a speculative asset, with its long-term adoption remaining uncertain.

What are the potential use cases for Central African Republic Meme Coin ($CAR)?

Although $CAR has no major real-world applications, it is positioned as a symbolic and speculative asset with potential in:

  • Tourism and branding – Promoting the Central African Republic on a global stage.
  • Economic development initiatives – A portion of the supply is allocated to national projects.
  • Community engagement – Encouraging blockchain adoption and investment in CAR.

No major partnerships have been announced, but government backing provides legitimacy to the project.

What is the history of Central African Republic Meme Coin ($CAR)?

$CAR was officially launched in February 2025, with President Faustin-Archange Touadéra announcing the initiative. Key milestones include:

  • Initial launch on the Solana blockchain, attracting global interest.
  • Peaked at a market capitalisation of over $800 million shortly after launch.
  • Experienced a significant price drop, losing nearly 90% of its value due to market volatility.

While $CAR has gained attention as a national experiment in blockchain adoption, its long-term viability remains uncertain, given the inherent volatility of meme coins.

Coin Contract Addresses

7oBYdEhV4GkXC19ZfgAvXpJWp2Rn9pm1Bx2cVNxFpump