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.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Market Report: Top 5 Cryptocurrency Gainers on March 4, 2026, led by River
GateNews17m ago
MEME (Memecoin) up 18.41% in the past 24 hours
Gate News Bot message, March 04 — According to CoinMarketCap data, MEME (Memecoin) is currently priced at $0.00069015, up 18.41% in the past 24 hours. The highest price reached $0.00071827, and the lowest dipped to $0.00056602. The current market capitalization is approximately $43.2 million, an increase of $6.71 million from yesterday.
Memecoin, with the slogan "One $meme to rule them all," is an all-in-one Meme token ecosystem platform that combines Claim, Farming, and Staking functions. Users can perform various operations such as claiming MEME tokens, farming, and staking rewards through the official platform.
## Important recent news about MEME:
1️⃣ **Meme coin
GateNews37m ago
MARA refutes the liquidation Bitcoin vault theory, maintaining the 53,822 BTC holding strategy unchanged
MARA Holdings Vice President Robert Samuels recently clarified the rumors regarding the company's shift to a Bitcoin reduction strategy. He stated that the provisions mentioned in the 2026 10-K filing only authorize discretionary trading and are not a forced liquidation. MARA currently holds 53,822 Bitcoins and is diversifying its business through acquisitions like Exaion, but maintaining a long-term Bitcoin holding strategy remains its core focus.
MarketWhisper40m ago
Gate Daily (March 4): Trump accuses banks of blocking the GENIUS Act; Mizuho raises Circle's target price to $100
Bitcoin (BTC) is priced at approximately $68,040, failing to continue its rebound. Trump mentioned that stablecoin legislation faces banking threats and called for advancing related bills. Mizuho Securities raised Circle's target stock price to $100, maintaining a neutral rating. U.S. stocks closed lower amid volatility due to the Middle East conflict, with investors concerned about geopolitical uncertainties.
MarketWhisper47m ago
RIVER (River) increased by 22.29% in the past 24 hours
Gate News Update, March 4th, according to CoinMarketCap data, as of press time, RIVER (River) is trading at $18.22, up 22.29% in the past 24 hours. The price reached a high of $19.32 and a low of $8.57. The 24-hour trading volume is $52.3 million. The current market capitalization is approximately $357 million, an increase of $65.1 million from yesterday.
## Recent Important News about RIVER:
1️⃣ **Multiple Strategic Financings Boost Market Confidence** River has recently received strategic support from several well-known investment institutions. Tron DAO Ventures injected $8 million to expand the Chain Abstraction infrastructure, and Maelstrom Fund (founded by Arthur Hayes) also made
GateNews50m ago
CFTC Chair: Cryptocurrency perpetual futures to be launched "within a month," countdown to U.S. liquidity return
Chairman Michael Selig of the U.S. Commodity Futures Trading Commission (CFTC) stated that the CFTC plans to launch cryptocurrency perpetual futures within the next month to attract liquidity back to the U.S. market. He emphasized that the lack of legislative certainty limits the actions of regulatory agencies and pointed out that progress on the Market Structure Bill remains behind schedule. Additionally, Selig is currently the only CFTC commissioner confirmed by the Senate, highlighting the challenges in advancing policy.
MarketWhisper1h ago
