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coinpedia 2025-02-10 05:11:26

Central African Republic’s President Launches Memecoin One Trader Nets 2,450x Gains!

The post Central African Republic’s President Launches Memecoin One Trader Nets 2,450x Gains! appeared first on Coinpedia Fintech News According to Lookonchain, Central African Republic President Archange Touadéra issued a memecoin, leading to an astonishing profit for one trader. The trader spent 25 SOL (around $5,000) to purchase 46.57 million CAR tokens within a second of its launch. In less than three hours, the investment skyrocketed to $12 million, yielding a staggering 2,450x return. This rapid gain highlights the speculative frenzy surrounding new token launches, especially when linked to prominent figures. The memecoin’s surge reflects both high-risk opportunities and the volatile nature of crypto markets.

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