#MEMEAct
Meme Act Sparks Online Frenzy
The Meme Act, a proposed U.S. bill to regulate meme-based cryptocurrencies, has ignited debates across social media. Introduced in April 2025, it aims to curb fraud in volatile meme coin markets, targeting assets like Dogecoin and Shiba Inu.
Critics argue it stifles innovation and infringes on free speech, while supporters claim it protects investors. X posts reveal polarized reactions, with #MemeAct trending as users share satirical memes mocking the bill.
Hearings are set for June 2025, but the act’s fate remains uncertain as crypto advocates rally. The internet’s meme lords are watching closely.