According to Milk Road, the Central African Republic meme coin ($CAR) has experienced a significant decline, with its market capitalization dropping to $134 million. This decrease may impact traders looking to capitalize on meme coin volatility. It is important for investors to monitor further market movements and assess the coin's liquidity and trading volume as potential indicators for trading strategies.

According to Milk Road (@MilkRoadDaily), the President of the Central African Republic has announced the launch of a new meme coin, described as being focused on 'pump fun'. This announcement is likely to create increased volatility and speculative trading opportunities in the cryptocurrency market, as meme coins often experience rapid price changes driven by social media trends and investor hype.