๐ฅ๐จ๐ฅ๐๐๐ ๐๐๐ฆ๐ ๐๐จ๐ข๐ง ๐๐ซ๐๐ฌ๐ก๐๐ฌ ๐๐ฆ๐ข๐๐ฌ๐ญ ๐ ๐ซ๐๐ฎ๐ ๐๐ฅ๐ฅ๐๐ ๐๐ญ๐ข๐จ๐ง๐ฌ๐๐
The much-anticipated CAR meme coin has suffered a dramatic collapse, plummeting 70% shortly after launch. Despite initial excitement, concerns over unclear tokenomics and the absence of an official website triggered fears of a potential rug pull. The project, which gained rapid traction due to its association with President Touadรฉra, is now under intense scrutiny.
One trader managed to turn a $5,000 investment into a staggering $12 million within seconds, adding fuel to the controversy. Efforts to verify the coinโs legitimacy were made by Jupiter DEXโs founder, but uncertainty still lingers regarding its origins and total supply. Investors are questioning whether the project was a carefully orchestrated scheme or simply a poorly managed launch.
With transparency lacking and skepticism growing, the chances of a recovery appear slim. Bearish sentiment continues to dominate, making it unlikely for CAR meme coin to regain investor confidence. Unless the team behind the project steps forward with clear information, the market may write this off as another failed crypto experiment.
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