{"id":74708,"date":"2026-03-03T13:31:41","date_gmt":"2026-03-03T13:31:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=74708"},"modified":"2026-03-03T13:31:41","modified_gmt":"2026-03-03T13:31:41","slug":"japan-pm-dumps-sanae-token-solana-memecoin-tanks-75","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=74708","title":{"rendered":"Japan PM Dumps \u2018Sanae Token?\u2019 Solana Memecoin Tanks 75%"},"content":{"rendered":"<div>\n<p>Sanae Token, a Solana based token, has crashed roughly 75% from its peak after Japan\u2019s Prime Minister Sanae Takaichi\u2019s denied her involvement with it.<\/p>\n<h2>Another Politician Under The Memecoin Fenzy<\/h2>\n<p>On a post made through the X social network on March 2, Japan\u2019s Prime Minister Sanae Takaichi clarified that she has no affiliation with the so\u2011called \u201cSanae Token\u201d and warned the public against assuming any official endorsement just because a coin uses her name or image: \u201cI have absolutely no knowledge of this token, nor has my office been informed about what this token entails\u201d, she stated, ending the post with the warning that she wants to make sure that the public is not misled, despite the Sanae Token website issuing a disclaimer explicitly stating that it is \u201cnot affiliated with or endorsed by Ms. Takaichi\u201d.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"ja\">SANAE TOKEN\u3068\u3044\u3046\u4eee\u60f3\u901a\u8ca8\u304c\u767a\u884c\u3055\u308c\u3001\u4e00\u5b9a\u306e\u53d6\u5f15\u304c\u884c\u308f\u308c\u3066\u3044\u308b\u3068\u4f3a\u3044\u307e\u3057\u305f\u3002\u2026<\/p>\n<p>\u2014 \u9ad8\u5e02\u65e9\u82d7 (@takaichi_sanae) <a href=\"https:\/\/twitter.com\/takaichi_sanae\/status\/2028441855227236653?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\">March 2, 2026<\/a><\/p>\n<\/blockquote>\n<p><a href=\"https:\/\/www.japantimes.co.jp\/news\/2026\/03\/03\/japan\/politics\/takaichi-sanae-token\/\" target=\"_blank\" rel=\"noopener nofollow\">Japanese outlets report<\/a> that following Sanae\u2019s statement on X, Sanae Token fell more than 50% within four hours, while Wu Blockchain positions the drop to around $6 million.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">According to GMGN, the Solana-based meme token SANAE TOKEN briefly reached a market cap of $27.72 million before dropping to around $6 million. The top three addresses hold about 60% of the token supply, and many leading addresses show token inflow activity. Sanae Takaichi stated\u2026<\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/2028770468531241054?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\">March 3, 2026<\/a><\/p>\n<\/blockquote>\n<p>Not too long ago, another political leader, <a href=\"https:\/\/bitcoinist.com\/memecoin-libra-under-fire-allegations\/\" target=\"_blank\" rel=\"noopener \">Argentina\u2019s president Javier Milei, had his own fallout with another Solana based token,<\/a> after he was accused of being part of a fraudulent scheme following his endorsement of LIBRA.<\/p>\n<p>Sanae Token In The Solana Memecoin Context<\/p>\n<p>Solana Token was announced on Feb 25 by Japanese entrepreneur Yuji Mizoguchi through NoBorder, a Youtube channel that focuses on political content. The project was launched at the peak of Solana\u2019s memecoin frenzy with the objective to be an incentive for NoBorder\u2019s \u201cJapan is Back\u201d project, aiming to \u201cupdate democracy\u201d with AI and Web3.<\/p>\n<p>Built like many Solana narrative coins, it tried to tap into hype around Japan\u2019s new prime minister and broader \u201cpolitical trade\u201d memes. The name of the project comes from the slogan Takaichi\u2019s inherited from the former PM, Shinzo Abe. NoBorder\u2019s claim that the name \u201cSanae\u201d is a symbol of a democratically elected leader rather than any formal government backing.<\/p>\n<h2>Takeaway For Traders<\/h2>\n<p>For traders, this signifies something way bigger than just another funny memecoin scandal. <a href=\"https:\/\/bitcoinist.com\/solana-memecoin-graveyard-majority-of-june-launches-collapse\/\" target=\"_blank\" rel=\"noopener \">According to data from Bitcoinist<\/a> <a href=\"https:\/\/www.newsbtc.com\/news\/solana\/solana-based-memecoin-rug-pulled-by-mcdonalds-hacker-market-cap-plummets-98\/\" target=\"_blank\" rel=\"noopener nofollow\">and our sister website<\/a>, on Solana, memecoins routinely swing 70\u201390% in a matter of hours, and many celebrity or narrative plays bleeding 94\u201399% from their peaks once the initial hype fades. In a market wired for 10x runs followed by near\u2011total retracements, the only real edge is treating these positions as short\u2011term, high\u2011risk trades: sizing small relative to your stack, planning exits on the way up, and never assuming that a catchy story or a famous name will be there to catch the fall.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-667681 size-large\" title=\"SOLANA\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/SOLUSDT_2026-03-03_13-11-31.png?w=855&amp;resize=855%2C660\" alt=\"SOLANA, SOL, SOLUSDT\" width=\"855\" height=\"660\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/SOLUSDT_2026-03-03_13-11-31.png?w=2168 2168w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/SOLUSDT_2026-03-03_13-11-31.png?w=544 544w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/SOLUSDT_2026-03-03_13-11-31.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/SOLUSDT_2026-03-03_13-11-31.png?w=855 855w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/SOLUSDT_2026-03-03_13-11-31.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/SOLUSDT_2026-03-03_13-11-31.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/SOLUSDT_2026-03-03_13-11-31.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/SOLUSDT_2026-03-03_13-11-31.png?w=1140 1140w\" sizes=\"(max-width: 855px) 100vw, 855px\"><\/p>\n<p class=\"p1\">Cover image from ChatGPT, SOLUSDT chart from Tradingview<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sanae Token, a Solana based token, has crashed roughly 75% from its peak after Japan\u2019s Prime Minister Sanae Takaichi\u2019s denied her involvement with it. Another Politician Under The Memecoin Fenzy On a post made through the X social network on March 2, Japan\u2019s Prime Minister Sanae Takaichi clarified that she has no affiliation with the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-74708","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74708"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74708\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}