Japanese Prime Minister Asari Takashi has publicly denied any connection to a meme coin named after her on the Solana blockchain. The coin, which launched six days ago, initially had a market cap of $27.72 million but has since fallen to $6.6 million amid declining trading volume. Controversy has arisen over the token's distribution, with the top 10 addresses holding 42.6% of the total supply. In a statement posted on X, Takashi clarified, "I know nothing about this token, my office has never received any notification regarding this token, and we have not approved it." The situation highlights the risks associated with celebrity-themed meme coins, as noted by BlockBeats, urging investors to exercise caution.