#MEMEAct MEME Act – May 2025 Update

The MEME Act (Modern Emoluments and Malfeasance Enforcement Act) is a proposed U.S. law introduced to prohibit the President, Vice President, members of Congress, and senior federal officials — as well as their family members — from issuing, sponsoring, or endorsing cryptocurrencies such as meme coins or stablecoins.

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Key Highlights:

Introduced By:

Senator Chris Murphy (D-CT) on May 6, 2025.

- *Community Support*: A strong, active community can drive a meme coin's popularity and price.

- *Tokenomics*: Understanding the coin's supply, distribution, and potential uses is crucial.

- *Market Trends*: Meme coins can be heavily influenced by market sentiment and trends.

- *Risk Management*: Investing in meme coins carries significant risks, including price volatility and potential losses.

*Popular Meme Coins:*

- *Dogecoin (DOGE)*

- *Shiba Inu (SHIB)*

- *Pepe (PEPE)*