#MEMEAct MemeAct refers to a proposed bill called the MEME Act, which aims to ban top US officials from launching, promoting, or profiting from financial instruments like stocks, futures, cryptocurrencies, and meme coins. This bill has sparked discussions and potential regulatory changes in the crypto market, particularly for meme coins tied to political figures ¹.

*Key Points About MemeAct:*

- *Proposed Bill*: The MEME Act is introduced to emphasize transparency and accountability in the crypto market.

- *Impact on Meme Coins*: Increased scrutiny and volatility might make meme coins high-risk investments.

- *Regulatory Changes*: The bill could lead to clearer rules for crypto assets and potentially affect trading on platforms like Binance.

*Meme Coins on Binance:*

- *Examples*: Popular meme coins like Dogecoin and Shiba Inu have gained traction on Binance.

- *Buying and Trading*: Users can buy meme coins like MEME and DEGEN on Binance, with prices fluctuating based on market trends.

- *Trading Strategies*: Some traders suggest opening long positions with specific entry points and stop-loss targets for meme coins like MEME and BONK ² ³.

*Recent Trends:*

- *Listing of ACT*: Binance listed ACT, a Solana-based meme coin, which surged over tenfold after its listing.

- *Market Performance*: Some meme coins like PNUT and ACT have seen significant price increases after being listed on Binance ⁴ ⁵.