ChainCatcher news, according to Lookonchain monitoring, a certain trader has made 4 swing trades of CAR today, each time buying high and selling low, resulting in a total loss of $704,000.

ChainCatcher news, according to Cointelegraph, cybersecurity experts claim that some cryptocurrency data aggregation platforms have been found directing users to phishing websites when listing the so-called Central African Republic Meme coin CAR. The official X account of Central African Republic President Faustin-Archange Touadéra claims that the government has launched an experimental token to "unite the people" and "support national development," which has since drawn global attention.As of the writing of this article, the project's X account has been suspended, and its website has been taken down. With growing doubts about the legitimacy of the Central African Republic Meme coin, a report by Cointelegraph found that the account promoting the token by President Touadéra appears to be an AI-generated deepfake account.

ChainCatcher news, Central African Republic President Faustin Archange Touadéra's X account posted a video stating: "Today, I stand before you once again to express my gratitude. The launch of $CAR has been a great success! I want to personally thank each and every one of you, our community, our supporters, and those who believe in our vision. We are working for long-term development!"According to GMGN data, the CAR token briefly surged by 170%, currently reported at $0.34.Note: Recently, there have been frequent account hacking incidents, please be aware of investment risks.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, the address 4v7nG...FWjzD started accumulating when the market cap of CAR was 600 million and continued to buy more as the price fell, with a total investment of 1.93 million dollars and an average cost of 0.535 dollars; currently, it has an unrealized loss of 1.22 million dollars and has not sold at all.It is reported that this address previously profited 4.55 million dollars through TRUMP.

ChainCatcher news, according to Lookonchain monitoring, a trader spent 1.9 million dollars to purchase 3.6 million CAR (currently worth 457,000 dollars), and has an unrealized loss of over 1.5 million dollars.

ChainCatcher news, according to official sources, Hotcoin exchange has launched spot trading for the tokens BIGBALLS, TSTBSC, JAILSTOOL, CAR, and FUEL.$BIGBALLS: BigBalls is a meme coin paying tribute to courage and responsibility, rumored to be a token issued by members of the U.S. government D.O.G.E. led by Musk.$TSTBSC: Test is a test coin deployed by Binance on http://Four.meme, intended for educational purposes only.$JAILSTOOL: A stoolpresidente-related celebrity meme token on Solana.$CAR: CAR is a meme token built on the Solana network, supported by the President of the Central African Republic.$FUEL: Fuel is an operating system designed specifically for Ethereum Rollups, addressing issues of parallel processing, state minimization, and interoperability.

ChainCatcher news, Slow Mist founder Yu Xian posted on social media that the website car.meme for the Meme coin CAR is currently inaccessible, and this URL was registered on Namecheap 4 days ago. The funding for CA creators comes from Binance, with nearly 80% of CAR primarily distributed across 6 addresses related to the creators, and the locked funds cannot be verified.

ChainCatcher news, according to Spot On Chain monitoring, a trader has exchanged 101,874 TRUMP (approximately 1.52 million USD) for 2,495,000 CAR in the past 3 hours, with an average exchange price of about 0.609 USD.The trader previously made significant profits in multiple Meme coin trades, including TRUMP (profit of approximately 5.72 million USD), and currently holds 213,228 TRUMP (approximately 3.28 million USD), PNUT (profit of approximately 2.96 million USD), and GOAT (profit of approximately 1.23 million USD).

ChainCatcher message, Jupiter co-founder meow stated that their team has contacted the CAR token deployment party and completed on-chain verification. The verification process includes redeploying the cancellable contract, tracking key deployment transactions from minting to locking, and requesting the deployment party to burn 0.06924 SOL to prove address ownership.However, meow emphasized that it is still not possible to confirm information such as whether the token is officially issued by CAR, the accuracy of the token economic model, the reasons for Namecheap's service suspension, and the circulating token ownership information disclosed by Yokai Capital. This off-chain information is pending further verification in the coming days.

ChainCatcher message, Jupiter co-founder meow stated on the X platform that the CAR token team has verified its deployment through on-chain transactions and re-locked the contract to ensure irreversibility.The team redeployed the initially revocable contract and tracked key transaction records from minting to locking, while destroying 0.06942 SOL to verify address ownership. In addition, the tokens have been locked as planned, including national development, charity, public distribution, and team shares, with the national development funds now made irrevocable. All locking situations can be publicly queried through Streamflow.

ChainCatcher message, according to monitoring by The Data Nerd, a certain address starting with FS7Md earned $1.38 million through CAR in 2 hours.5 hours ago, the address spent $3,800 to exchange for 46.57 million CAR, and then sold 22.1 million tokens for a total of $1.39 million. The realized profit is approximately $1.38 million, with a profit of about 366 times.

ChainCatcher message, according to Onchain Lens monitoring, the SpiderCrypto associated wallet spent $110,619 to purchase 2.49 million CAR, worth approximately $1.52 million.

ChainCatcher message, according to the official announcement, MEXC Innovation Zone has launched Central African Republic Meme (CAR) on February 10 at 09:35 (UTC+8), opening the CAR/USDT trading market. According to MEXC's current market price, it is quoted at 0.57 USD.On February 10 at 10:14 (UTC+8), MEXC has launched the CARUSDT perpetual contract trading pair, supporting leverage adjustment from 1 to 50 times, and supporting full position or isolated position modes.

ChainCatcher news, the Doge project DogePump has introduced the Meme20 protocol to Doge Cardinals, allowing users to issue tokens directly on Dogecoin, replacing EVM chains.

ChainCatcher message, according to monitoring by lmk.fun, 3 hours ago, a user profited 3 million dollars on CAR with 30.13 SOL (5656 dollars). He spent 29.73 SOL to purchase 9.852 million CAR just seconds after the post by the President of the Central African Republic, and paid a total transaction fee of 0.4 SOL.

ChainCatcher message, Jupiter co-founder meow commented on the CAR token issuance, stating, "We need to launch the main token in a better way. The current state of 'fog of war' is extremely detrimental to the development of the entire industry."meow further stated that he has contacted the Central African Republic (CAR) government office to further confirm the authenticity of the CAR token and will provide real-time updates on relevant information.meow emphasized that the team has temporarily verified the CAR token to prevent users from purchasing the wrong token, but there are still many unknown factors, including the source of the token, lock-up conditions, etc., reminding investors to be aware of the risks.

ChainCatcher news, Central African Republic President Touadéra announced the issuance of the official meme coin CAR on the X platform this morning, calling it an "experiment" to promote national development. However, the announcement video has been flagged as suspicious by two AI deepfake detection tools. According to GMGN market data, CAR's market capitalization has now surpassed $700 million.The authenticity of the project is being questioned by multiple parties. Two detection models from the AI deepfake detection platform Deepware indicate that the president's video statement is highly suspicious, with one model suggesting an 82% likelihood that the video is a deepfake.Yokai Ryujin, founder of Unrevealed XYZ, pointed out that the project domain name was registered only three days ago through Namecheap, and the registration method does not comply with government operational norms. The domain service provider Namecheap has suspended related services, but the project website is still operational.Additionally, industry insiders question the timing of the announcement at local midnight and the use of English instead of the official language, French, for the announcement. Currently, the project's official X account @Carmeme_news has been banned by the platform.

ChainCatcher news, according to Cointelegraph, the total supply of the meme coin CAR in the Central African Republic is 1 billion tokens, and the token distribution plan has been announced on the official website. Among them, 35% will be used for national development, 25% allocated to creators and companies, 20.7% for providing liquidity, 10% for charity, and public distribution accounts for 9.3%.Solscan data shows that the largest holding address currently accounts for 33.31%, and the second largest holding accounts for 25%, which is basically in line with the distribution plan announced by the official. The 20.7% of tokens promised for liquidity have not yet been injected into the liquidity pool.