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I saw news that a meme coin named after the Japanese Prime Minister (Takashi) was recently launched on the Solana system. It started with a value of $27.72 million and dropped to just $6.6 million within a few days. More deeply, the token distribution is quite risky, as the top 10 addresses hold 42.6% of all tokens.
The official party clearly denied it, posting that they had no knowledge of this. The office also stated they were never notified and did not approve anyone to use his name. This somewhat indicates that most meme coins like this are driven by speculation and user enticement.
For those interested, remember that these meme coins carry very high risks, especially when the distribution is unbalanced. Be cautious and do thorough research before deciding to invest.