Central African Republic Meme
CAR
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
CAR (Central African Republic Meme) is a Solana-based meme token launched in February 2025 with promotional backing from Central African Republic President Faustin-Archange Touadéra. The project demonstrates critically deficient fundamentals across all evaluation categories. There is no ongoing technical development, with all activity ceasing immediately after its mid-February 2025 launch window. Community engagement is functionally non-existent, leaving the token inert. Economically, CAR lacks fundamental tokenomics, formal emission schedules, or value-capture mechanisms, and operates under an explicit disclaimer confirming no intrinsic utility. Following an initial speculative spike, the token suffered a catastrophic, unrecovered collapse of over 90-99% in market value, with trading volume drying up entirely. Governance structures and holder rights are completely absent. Furthermore, the token launched without smart contract audits and is subject to elevated jurisdictional monitoring, notably referenced in a UN Group of Experts report regarding the Central African Republic. With no development, liquidity, or utility, the asset presents extreme structural risk.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Central African Republic Meme (CAR)
CAR (Central African Republic Meme) is a Solana-based meme token launched in February 2025 as a joint initiative between the Central African Republic government and BARNSLEY Ltd. Promoted through the official X account of CAR President Faustin-Archange Touadéra, the asset represents the country's second government-endorsed cryptocurrency venture following Sango Coin. Although state announcements initially linked the token to initiatives surrounding education, infrastructure, and the proposed tokenization of over 1,700 hectares of land, the project launched under an explicit website disclaimer stating it possesses no intrinsic value, formal utility, or token-holder governance rights.
The project launched without an independent smart contract audit and lacks standard tokenomic structures, including published emission schedules, vesting timelines, or value-capture mechanisms. Active development ceased immediately following the initial February 2025 launch window, leaving no subsequent codebase updates, integrations, or structured community channels.
Following its launch, CAR exhibited a rapid launch-and-crash trajectory. After briefly reaching an estimated peak market capitalization of roughly $900 million, the token suffered a severe, unrecovered drawdown of over 90% to 99%, resulting in near-zero trading volume and depleted liquidity. Additionally, the launch drew international monitoring, notably being documented in a June 25, 2025 report (S/2025/385) by the United Nations Group of Experts to the Security Council, which highlighted jurisdictional vulnerabilities and the nation's weak cybersecurity institutions.