- Japanese Prime Minister Sanae Takaichi has officially denied any involvement with the memecoin. SANAE, despite the developers’ statements about their “collaboration” within the framework of the country’s economic revival program.
Japanese Prime Minister Sanae Takaichi has reportedly approved the release of the devalued coin SANAE. TOKEN (SANAE), named in her honor.
Journalists from the Japanese tabloid Weekly Bunshun сообщилиIt was revealed that meme token developer Ken Maksui informed Takaichi about a cryptocurrency project that, according to businessman Yuji Mizoguchi, was intended to facilitate the “Return of Japan” program, which was designed to end economic stagnation and strengthen the country’s position on the international stage.
Sanae allegedly approved the creation of the digital asset, which is why her portrait appeared on the project’s website. However, the Prime Minister denied this information, claiming she knew nothing about the coin and that her subordinates were not informed about the coin’s issuance. Furthermore, the token issuer, NoBorder, DAO The company was found to be breaking the law because it operated without a cryptocurrency license, and its employees were forced to suspend the issuance of virtual currency.
SANAE himself TOKEN suffered a tragic fate. At the peak of its popularity in early March, the token’s market capitalization reached $27.7 million, but its price plummeted, and now the value of coins in circulation estimated only $8,940. As a result, those who bought SANAE at the start of trading suffered huge losses. However, their number was small, judging by the current kriptovalyuta stored in only 686 wallets.
SANAE price collapse TOKEN
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