#MEMEAct 🔥💥 Trump's Memecoin Is Causing Big Trouble in the Senate!💥 🔥

President Trump is in hot water again—this time because of a memecoin or shitcoin! A new cryptocurrency called $TRUMP has hit the market, and it's causing a political uproar.

🏛️ What's going on?

Democratic Senator Chris Murphy just introduced a new law called the MEME Act. It would prohibit Trump—and other high-profile politicians—from promoting coins tied to their names. Why? Murphy says it's a major conflict of interest.

🎯 Why the drama?

Critics say Trump is pushing for looser crypto rules while personally profiting from his own memecoin. This is raising questions, with some calling it "crypto corruption."

⚖️ Even Republicans Are Worried

Not all Republicans are supporting Trump in this matter. Some fear it could reflect poorly on the United States if a sitting or former president makes money from crypto while influencing crypto laws.

💥 Crypto Bills Put on Hold

Because of this drama, Senate Democrats have withdrawn their support for other crypto laws, such as stablecoin regulations. They are concerned about foreign investors and money laundering issues related to Trump's cases.

🗣️ Warren Adds

Senator Elizabeth Warren says not all crypto is bad. She wants fair rules to protect consumers while allowing innovation.

🤯 What About the Markets? All this political tension is shaking things up:

$BTC fell 1.2%

$MEME jumped 18% as people tried to profit from the chaos

🔮 What's next?

Expect more Senate hearings soon. Lawmakers could push for new ethics rules to separate politics from crypto.