Foresight News reports that Japanese Prime Minister Sanae Takaichi clarified on X that, “I have heard that a cryptocurrency called SANAE TOKEN has been issued and is being traded to some extent. Due to the name, there seem to be various misunderstandings, but I am completely unaware of this token, and my office has not received any notifications regarding its purpose. We have not approved this matter. I am making this statement to ensure the public does not misunderstand.”
Foresight News notes that the SANAE TOKEN was issued on February 25, 2026, by entrepreneur Mizoguchi Yūji through his YouTube channel “NoBorder” and related DAO project. It is positioned as a meme coin on the Solana blockchain, with political-themed slogans including “Japan is Back.” The project used Sanae Takaichi’s name, AI-generated illustrations (based on official photos), and profile pictures for promotion on its official website, videos, and social media. After the token was issued, its price surged briefly—reportedly up to 30 times—but fell over 85% following Takaichi’s statement.
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