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Home News

Breaking: Central African Republic’s Meme Coin Makes History Despite Deepfake Concerns

Shumayel Affandi by Shumayel Affandi
10 February 2025
in News, World
Reading Time: 5 mins read
0
Breaking: Central African Republic’s Meme Coin Makes History Despite Deepfake Concerns

Table of Contents

Toggle
    • YOU MAY BE INTERESTED
    • How Blockchain Is Changing Industries Beyond Crypto
    • Coinbase Futures Debut for XRP and Solana as Prices Swing
  • CAR Token Announcement Triggers Doubts
  • AI Detection Tools Flag Deepfake Risks
  • Memecoin’s Market Surge and Volatility
  • Scam Warnings and Expert Opinions
  • Conclusion on Central African Meme Coin
  • FAQs
    • Is the Central African Republic’s meme coin real?
    • Why was the CAR token’s website taken down?
    • How much did the CAR token reach in market valuation?
    • Have similar scams occurred in the past?
    • What should investors do?
  • Glossary of Key Terms
  • References

YOU MAY BE INTERESTED

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The Central African Republic’s meme coin sparks suspicion amid deepfake and scam allegations after the government claimed to have launched the CAR token. While the project initially saw a massive surge in valuation, AI detection tools and website suspensions have raised doubts. Experts have pointed out irregularities in the coin’s release, including a suspiciously registered domain and sudden social media takedowns.

CAR Token Announcement Triggers Doubts

On February 10, 2025, the Central African Republic (CAR) made headlines by announcing the launch of its own meme coin, CAR. The country’s President, Faustin-Archange Touadéra, took to X (formerly Twitter) to unveil the initiative.

“Today, we are launching $CAR—an experiment designed to show how something as simple as a meme can unite people, support national development, and put the Central African Republic on the world stage in a unique way,” read a post from the president’s official X account.

Central African
Central African

CAR’s pro-crypto stance is not new. The country was the second in the world to adopt Bitcoin (BTC) as a legal tender in 2022. However, skepticism arose within hours of the announcement.

AI Detection Tools Flag Deepfake Risks

Deepfake detection tools quickly analyzed the video statement from President Touadéra. Seferbekov, an AI detection model, found an 82% probability that the video was AI-generated. Another tool, Ensemble, also flagged the video as highly suspicious.

However, two other AI models—Avatrify and Deepware’s checker—found no manipulation, leaving the legitimacy of the video unclear.

Shortly after, the official X account of the CAR token was suspended with no immediate explanation. The President’s X account later acknowledged the suspension, stating they were working with the platform to restore it.

Central African
Central African

Adding to the uncertainty, domain registration records revealed that the official CAR token website was created just three days before the announcement. Yokai Ryujin, founder of UnrevealedXYZ, raised concerns about the “Namecheap” domain registration and flagged it as uncharacteristic for a government-backed project.

“I tried to warn you about this from the start, and I’ll keep fighting for you,” Ryujin stated in a post on X, warning traders of potential fraud.

The situation escalated further when Namecheap suspended the website, citing violations related to “abusive services.”

Memecoin’s Market Surge and Volatility

Despite these red flags, the CAR token initially surged in value. Within hours of launch, the token hit a market valuation of $527 million, as traders rushed to invest.

However, by February 10, its value had dropped to $460 million, reflecting the volatility and growing investor uncertainty.

Central African
Central African

The situation bears striking similarities to recent memecoin scams. Just days before, hackers hijacked the X accounts of former Malaysian Prime Minister Mahathir Mohamad and Solana DEX aggregator Jupiter to promote fraudulent coins. These scams followed the same pattern of high-profile endorsements, rapid website takedowns, and sudden social media suspensions.

At this stage, there is no clear confirmation whether the CAR token is a government-backed initiative or an elaborate scam.

Scam Warnings and Expert Opinions

Industry experts have warned traders to exercise caution when investing in CAR. The lack of official documentation and sudden social media suspensions have fueled doubts.

Authorities have not issued an official response to the deepfake claims or the website takedown, leaving investors in a state of uncertainty.

Meanwhile, blockchain analysts continue to monitor the meme coin’s movement on the Solana-based Pump.fun platform, which facilitated its launch.

As the story unfolds, Turkishnyradio and other industry sources continue to investigate the legitimacy of the project.

Conclusion on Central African Meme Coin

The Central African Republic’s meme coin sparks suspicion amid deepfake and scam allegations, drawing global attention. While the government claims legitimacy, AI-detected inconsistencies, website shutdowns, and expert warnings raise serious concerns.

Until official clarification emerges, traders and investors should proceed with caution. Keep your eyes on the Central African Republic meme coin

FAQs

  1. Is the Central African Republic’s meme coin real?

There is no official confirmation. While the government announced it, experts have raised concerns over deepfake claims, website suspensions, and irregular domain registrations.

  1. Why was the CAR token’s website taken down?

The domain was flagged as an abusive service and suspended by Namecheap. Experts believe this is unusual for a government-backed project.

  1. How much did the CAR token reach in market valuation?

The CAR token hit a peak valuation of $527 million before dropping to $460 million within hours.

  1. Have similar scams occurred in the past?

Yes. Hackers recently hijacked the X accounts of Mahathir Mohamad and Solana DEX aggregator Jupiter to promote fraudulent meme coins using similar tactics.

  1. What should investors do?

Until official verification, traders should exercise extreme caution before investing in CAR.

Glossary of Key Terms

  • Deepfake – AI-generated media designed to manipulate real-life content.
  • Memecoin – A cryptocurrency inspired by internet memes, often created as a joke.
  • Pump.fun – A Solana-based platform that allows users to launch and trade tokens.
  • Bitcoin (BTC) – The first decentralized cryptocurrency, adopted as legal tender in some countries.
  • X (formerly Twitter) – The social media platform used for announcements and promotions.

References

  • CentralAfrican Republic’s CAR Meme Coin Faces Deepfake Allegations – This article discusses the deepfake allegations surrounding the CAR memecoin’s launch and the subsequent suspension of its official website.
  • DeepfakeAllegations Cloud CAR Meme Coin Launch – This piece delves into the concerns raised by AI detection tools regarding the authenticity of the announcement video and the project’s legitimacy.
  • African Republic Video Flagged ‘Suspicious’ as Token Hits $527M – This article highlights the rapid market valuation of the CAR token and the skepticism arising from potential deepfake content.
  • IsCAR’s Exploding Token a $600M Deepfake Scam? – This analysis explores the possibility of the CAR token being a deepfake scam, considering the rapid rise in its market value.
  • CentralAfrican Republic’s National Memecoin Hits $900M Market Cap—But Is It Real? – This article examines the CAR meme coin’s surge to a $900 million market cap and the ensuing questions about its authenticity.

Tags: aicentral African RepublicanDEEPfakememe coin
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