Central African Republic Meme

The President of the Central African Republic (CAR) has launched the meme token $CAR, positioning it as an experiment aimed at uniting people, supporting national development, and presenting the country on the global stage.

Now the authorities are trying a new format — a meme coin issued on the Solana network.

Tokenomics of $CAR

The distribution is as follows:

• Country Development – 35%
• Creators and Company – 25%
• Liquidity – 20.7%
• Charity – 10%
• Public Distribution – 9.3%

Token Unlocking

• Country Development: 5% at TGE, cliff – 3 months, 1/24 unlocking, duration – 24 months
• Creators and Company: 0% at TGE, cliff – 30 days, 3% initial unlocking, 24 months
• Charity: 2% at TGE, cliff – 30 days, 3% initial unlocking, 24 months
• Public Distribution: 100% at TGE

Facts about the $CAR Token

• Announcement: Officially announced by CAR President Faustin-Archange Touadéra.
• Smart Contract: 7oBYdEhV4GkXC19ZfgAvXpJWp2Rn9pm1Bx2cVNxFpump.
• Reach: The announcement tweet garnered 1.5 million views within hours.
• Funding: According to open sources, up to 0.3% of the country's budget may be allocated for project development. This amounts to approximately $15 million, equivalent to 4% of CAR's annual budget.
• Launch: The token is expected to be deployed on Pump.fun, confirmed by the characteristic contract addressing of this platform.

Pump.fun as a Key Platform

Pump.fun is an automated service for creating and trading meme coins on the Solana network. It allows users to launch tokens in seconds without technical knowledge.

• On February 7 alone, 52,543 new tokens were launched on Pump.fun.
• The platform offers low fees and instant transactions due to its operation on Solana.
• Pump.fun has already been used to launch a number of viral meme coins that previously made it to major CEX exchanges.

Prospects for $CAR Listing

Currently, $CAR is likely to first appear on decentralized exchanges (DEX):

• Raydium, Orca, Phoenix — key DEXs in the Solana ecosystem that support new tokens.
• In case of high trading activity, listings on centralized exchanges (CEX) such as Gate.io, KuCoin, MEXC are possible. These platforms frequently add new meme coins.

It remains unknown whether $CAR will receive state support or if it is merely a marketing experiment to draw attention to the country. It is important to monitor the reaction of the crypto community and the subsequent actions of the CAR authorities.