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In today’s edition of sentences I never expected to write: The Central African Republic launched a Solana memecoin over the weekend, announced by President Faustin-Archange Touadéra on X.

President Touadéra has long been a crypto fan, following El Salvador’s lead in adopting bitcoin as legal tender in 2022. This latest foray into the blockchain could prove far more lucrative for the state: The CAR token peaked at over $800 million in market capitalization, according to DEX Screener. That’s nearly a third of the nation’s 2023 GDP of $2.76 billion. 

As is always the case with…

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