February 14, 2025

13 minutes

Available for over a year

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