The CAR token skyrocketed, but deepfake warnings and a sudden website takedown have raised questions about whether this is truly a government-backed initiative.

On Feb. 10, the Central African Republic made an unexpected move by announcing the launch of its own memecoin, CAR.

The announcement came directly from the official X account of President Faustin-Archange Touadéra, who described the project as an experiment aimed at uniting people, supporting national development, and putting CAR in the global spotlight.

“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,” Touadéra’s official X account posted on Feb. 10.

He linked …