So there's a new meme coin on Solana with the same name as an important Japanese figure named Takashi—or more precisely, a name similar to a high-ranking official. It gained attention because its price suddenly dropped drastically over a few days. It opened at $27.72 million but has now fallen to $6.6 million, and the trading volume has also decreased. Typical for meme coins, but what’s more suspicious is the token distribution—the first 10 addresses hold nearly 43% of the total supply. A red flag indeed. Yesterday, the official whose name is used for this coin directly issued a statement on X, saying he has no idea about this token, and his office never received any notifications either. They firmly deny everything. Moral of the story: meme coins that use the names of famous figures are really high-risk. Don’t mess around with this kind of thing unless you're prepared to lose money. Always check token distribution and project background before investing.

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Dimas_aja
· 6h ago
yyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy
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