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 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, 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, 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.

ChainCatcher news, according to Lookonchain monitoring, a trader bought 46.57 million CAR tokens for 25 SOL (approximately $5,000) within one second after the President of the Central African Republic announced the CAR token contract address.Subsequently, they sold 22.65 million CAR for 8,395 SOL (approximately $1.67 million), leaving a remaining position of 23.92 million CAR (approximately $10.5 million), realizing a profit of over $12 million within 3 hours, with an investment return rate of 2,450 times.