#MEMEAct The #MemeAct refers to two distinct concepts:

- *Legislation*: The MEME Act is a proposed bill aimed at banning US presidents and members of Congress from issuing meme coins, introduced by Senator Chris Murphy. This move is reportedly in response to concerns over corruption and "pay-to-play" practices, particularly surrounding Donald Trump's meme coin.¹

- *Cryptocurrency*: MEMEACT is also the name of a cryptocurrency token, currently trading on platforms like Raydium. The token's price has seen significant fluctuations, with a 56.78% increase in the last 24 hours, and a market capitalization of $8.6K. The token has 790 holders and a liquidity pool of $11.7K.² ³

If you're interested in learning more about the MEMEACT cryptocurrency, you can explore its price statistics, market capitalization, and liquidity on cryptocurrency tracking websites. For updates on the proposed bill, following reputable news sources and government websites would be beneficial.