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The project's name, 'just buy ¥1 of this coin(¥1)', suggests it is perceived as a meme coin. Meme coins typically do not aim to solve a specific problem or offer traditional utility beyond community engagement and speculative entertainment. Its unique value likely stems from its branding and community appeal, rather than a functional product or service. The primary purpose often revolves around fostering a community around a shared idea or inside joke within the crypto space.

Given its classification as a 'Meme Coin' and its suggestive name, it is highly probable that 'just buy ¥1 of this coin(¥1)' is primarily a marketing tactic. The name directly encourages small, speculative investments, aiming to attract a broad base of participants through its direct call to action. It may not have a deeper meaning related to a specific product utility or a peg, but rather serves as a memorable and viral branding element to foster community and attention.

Based on its classification, 'just buy ¥1 of this coin(¥1)' is categorized as a meme coin. Meme coins typically function primarily as speculative assets driven by community sentiment and social media trends, rather than providing essential utility within a complex protocol. While some meme coins evolve to incorporate governance or other features, their initial and often primary function is to serve as a cultural token or a medium for speculative trading within its community.

The provided information does not specify details about the team behind 'just buy ¥1 of this coin(¥1).' For many meme coins, teams often remain anonymous or 'undoxxed,' which is a common characteristic in this space. Potential investors would typically seek information regarding whether team members' identities are publicly known, their experience in Web3, and any past projects or relevant track records to assess credibility and long-term commitment.

The provided text does not contain specific details about the security measures or active development for 'just buy ¥1 of this coin(¥1).' For any crypto project, especially one gaining traction, it's crucial to ascertain whether its smart contracts have undergone independent audits by reputable firms. Publicly available audit reports provide assurance regarding code integrity. Furthermore, visible and active development on platforms like GitHub indicates ongoing commitment and transparency in the project's technological evolution.

As a meme coin, 'just buy ¥1 of this coin(¥1)' faces potential regulatory risks common to the broader crypto market. Regulators globally are increasingly scrutinizing digital assets, particularly those perceived as securities or having speculative characteristics without clear utility. Meme coins, due to their often-speculative nature and lack of traditional purpose, can be subject to heightened regulatory uncertainty regarding investor protection, anti-money laundering (AML) compliance, and classification in various jurisdictions. Compliance can be complex and evolving.