#MEMEAct
🚨 U.S. Senator Targets Meme Coins(Trump coin) in New Law!
Senator Chris Murphy has introduced the MEME Act to ban presidents and lawmakers from launching meme coins for personal gain.
🔥 This comes after Donald Trump’s meme coin launch, which offers exclusive perks like a D.C. Gala Dinner invite for holders. Murphy calls it “the most corrupt thing a U.S. president has ever done.”
The bill aims to stop federal officials from profiting off their position through crypto.
💬 “Let’s make corruption criminal again,” says co-sponsor Rep. Sam Liccardo.
👀 Meanwhile, Rep. Maxine Waters is pushing back on Republican-led crypto hearings, focusing instead on Trump’s crypto ties.
💡 Not all meme coins are political! for example $PENGU $BANANAS31 coin, remains a light-hearted, community-driven project with no political links—reminding us that not every meme coin is part of the controversy.
⚠️ Disclaimer: This post reflects my personal research. Always do your own research before making any financial decisions.