🇨🇫CENTRAL AFRICAN REPUBLIC LAUNCHED A NATIONAL CRYPTO
CAR’s president dropped $CAR, a new token supposedly meant for “country development.”
In a nation with a $2.6B GDP, its crypto market cap is already $283M—but only $2.4M in liquidity.
35% of the supply is locked for national projects, but creators and insiders hold a massive chunk.
Meanwhile, trading volume is pumping, and speculation is off the charts.
Is this financial innovation or just another crypto gamble?
Source: @FA_Touadera, @issathecooker, Dextools
MM Update: from the 18th fairway I can see the MMers have stopped receiving assets and are only receiving stable coin. They are now buying the dip they made, they will acquire more assets than they sold, and the futures exchanges that sent them the assets to sell will make billion in liquidations, stop losses and fees, and be returned more assets than they sent them to make the flush. Not only this but by causing nieve holders to sell in panic they will buy their assets and force them to buy higher. This is the business. You must accept this. Don’t be a victim. Don’t sell until the end of Quantitive Easing whenever that is. Don’t use high leverage. Wait for these fake manipulations and buy these dips. Use my liquidation levels and the lower prices as a guide to learn patience and discipline. You know these flushes are coming. They will use time based capitulation to force you to enter early or to get stuck in a bad trade. Don’t. Wait for the flush. If you are patient, execute this strategy and ignore the ignorant noise makers on social media, your entries at these lows will appreciate in the markups toward rate cuts, Quantitive Easing, crypto regulation, strategic Bitcoin reserve legislation and full digital finance adoption.