Central African Republic memecoin collapses 97% from peak less than two days after launch
CAR, the memecoin of the Central African Republic, collapsed 96.7% in just over 24 hours from its Monday peak amid confusion over its legitimacy.Launched late Sunday, the memecoin rose to a peak price of $0.89 in the early hours of Monday morning — equivalent to a market cap of around $894 million.H…