Car leader launched Meme-Cin ‘Experiment’
Fauthin-Republic, President of the Central African Republic, has launched a meme-que in a bid to increase the country’s profile, which is one of the poorest of the world.
Mem-cut is used to create popularity for a viral internet trend or movement and fans are motivated to collect them and give them value, but they are extremely unstable investment.
Taudara announced a launch known as a $ car on her X account over the weekend and said on Monday that it was a “success”. According to expert websites, the value of the coin was a significant price fall of up to 90%.
In 2022, the car became the second country in the world after Lalvador adopted the car Cryptocurrency bitcoin as a legal tender.
This initiative – launched under the name Sango – is not successful as planned, and its website no longer works.
It was seen as an easy way to attract investors for the country’s mining and other industries using bitcoin. The country has rich mineral deposits, including gold and diamonds.
Foreign investors could also obtain citizenship for crypto worth $ 60,000, although the scheme was later ruled unconstitutionally by the country’s apex court.
Touadéra described the launch of this week’s meme-coin as “experiment”, which can “unite people, support national development, and put (country) in a unique way on the world stage Could “.
But some people expressed apprehension that it could have been a scam.
On Monday, Taudara thanked those who believed in their eyes.
He shared a video of a high school, in which he said that the meme-coin was deteriorating rapidly, saying that meme-coin supports its “reconstruction and presented” and “help students chance for a better future” Will do it
Despite its ability, the car remains one of the poorest countries – a complex situation from a civil war that has destroyed the country a lot.
Mem -CONS is often criticized for their speculative nature, where users make them in expectation or buy that their value will increase and earn money quickly – but many lose money on them.
Just before his inauguration last month, US President Donald Trump launched his own meme-que, which quickly increased, and who reportedly raised billions of dollars for him. The New York Times has reported that it is now worth a quarter of its highest value.
