CAR Meme Coin Crashes 70% After Scam Allegations, Here’s All

Quick Summary:

CAR meme coin soon fell from grace as its price plummeted nearly 70% amid scam allegations promptly after the crypto’s launch.

In the aftermath of the abovementioned developments, the CAR meme coin’s price crashed 75% intraday and is currently resting at $0.1961.

Notably, Jupiter verified the deployment team by doing a number of ‘on-chain txns live.’ However, no off-chain confirmation regarding the project was made, with uncertainty prevailing.

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Category: Crypto

Markets: IndiaCentral African Republic

Topics: Rug pull Crypto scams Jupiter (JUP) 24/7 Cryptocurrency News Altcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 11:32:37 (1 days ago)

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News Source URL: coingape.com

Language: English

Article Length: 535 words

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Sentences: 36 lines

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Copyright Owner: © CoinGape

News ID: 26024022

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