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What’s the point of meme coins?

President Trump and the Central African Republic have them - but who’s buying them?

President Trump, the Pygmy hippo Moo Deng and the Central African Republic all have meme coins - but what are meme coins and how can you spend them? BBC reporter Nathalia Jimenez answers all our questions including why would anyone buy them and what a “pump and dump” means.

And we hear from the BBC’s Collins Nabiswa, who explains why President Touadéra of the Central African Republic has launched the meme coin $CAR and how successful it’s been so far.

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Presenter: William Lee Adams
Producers: Josh Jenkins and Julia Ross-Roy
Editor: Verity Wilde

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13 minutes

Last on

Sat 15 Feb 2025 03:50GMT
BBC World Service East and Southern Africa, South Asia, West and Central Africa & East Asia only

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Broadcasts

  • Fri 14 Feb 2025 18:50GMT
    BBC World Service News Internet
  • Sat 15 Feb 2025 03:50GMT
    BBC World Service East and Southern Africa, South Asia, West and Central Africa & East Asia only

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