Central African Republic issues meme coin

The Central African Republic (CAR) has introduced a new meme coin in a bid to raise the international profile of one of the world’s poorest countries, President Faustin-Archange Touadér said. He made the announcement on platform X on Sunday, nearly three years after his government became the first in Africa and the second in the world after El Salvador to adopt bitcoin as a legal tender. Meme coins are crypto-tokens that are linked to memes or internet trends and typically have high volatility and limited practical value. For example, last month, U.S. President Donald Trump launched a meme coin called $Trump, which reached a market capitalization of more than $14.5 billion but soon fell in […]

Meme Coin

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