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The President of the Central African Republic personally promotes the meme coin? The video was flagged as 'suspicious' by an AI detection tool.
President Faustion-Archange Touadera of the Central African Republic announced the official meme coin of the country on social media platform X this morning, as an experiment to promote national development. However, the video was flagged as suspicious by two AI deepfake detection tools, sparking market skepticism.
The president announced the issuance of the meme coin $CAR, with a market value soaring over 8 billion US dollars
President Touadera of the Central African Republic announced the launch of the official meme coin $CAR this morning in Taiwan time. The goal is to unite the people and bring them to the international stage. The contract address is also attached at the end of the text, sparking discussions in the community.
Very quickly, the meme coin subsequently launched on the meme coin issuance platform Pump.fun on Solana. According to DexScreener data, the token price has skyrocketed over four thousand times within 7 hours of its release, with a peak market value of 8.73 billion U.S. dollars, now fallen to 4.12 billion U.S. dollars.
The president personally filmed the promotion, which was judged suspicious by AI detection tools
The official website of the subsequent tweets and meme coins also shows a statement video by President Touadera and the token economic model of the coin.
However, the AI detection tool Deepware identified the video as "suspicious", while another AI model believed there was an up to 82% chance that it was a deepfake video. The other two built-in detection tools did not mark the video as forged.
Many doubts: the official website domain name has just been registered, and the token distribution is not true.
Clearly, the promotion plan for the Memecoin may be another hacking attack against the X account of a celebrity or influencer. Cryptocurrency researcher Yokai Ryujin pointed out that the official website domain of the currency, car.meme, was only registered through Namecheap three days ago, and it is impossible for government agencies to move so quickly and carelessly with their plans.
They even released this token at 1 am Central African Time, which is very unreasonable.
In addition, the team did not lock the promised token quantity, but instead reserved about $17 million worth of tokens, far exceeding the required amount, which is enough to defraud more than $3 million.
Currently, the official X account @Carmeme_news related to the meme coin has been blocked by the platform. However, President Touadera still stated that he is working with the X platform to try to restore the account.
Celebrity social media hacked, frequent incidents of promoting meme coins
Recently, the cryptocurrency market's social media has been repeatedly hacked, including the former Malaysian prime minister and Jupiter, the official account of the Solana decentralized exchange, which were attacked by hackers to promote fraudulent meme coins.
(Jupiter official Twitter account was hacked, multiple Pixiu Coin addresses were posted, the missing female employee has reported her safety online)
Other well-known rappers, including Kanye West, Tyga, and Dababy, have been involved in the controversy of issuing or promoting meme coins one after another, but it may also be voluntary.
The journey of cryptocurrency in the Central African Republic comes to an end
It is worth mentioning that the Central African Republic is no stranger to cryptocurrencies. As early as 2022, President Touadera declared Bitcoin as the country's legal tender and signed a cryptocurrency regulation act. In the same year, the Central African Republic introduced Sango Coin, aiming to attract foreign investment through cryptocurrencies and provide citizenship to investors.
When will the Central African Republic receive a $190 million loan from the IMF to support the Sango Coin project backed by Bitcoin? (
However, in March of the following year, due to strong opposition from other member countries of the Central African Economic and Monetary Community (CEMAC), the country eventually had to withdraw its policy of making Bitcoin a legal currency.
Now, the launch of the MemeCoin in the Central African Republic has sparked a speculative frenzy, but there are still many doubts about the authenticity of the video, the background of the MemeCoin issuance, and the flow of funds. Before the official clarification, investors still need to maintain a cautious attitude.
The president of the Central African Republic personally promotes the meme coin? The video was flagged as 'suspicious' by an AI detection tool, first appearing on Chain News ABMedia.