#MEMEAct The #MEMEAct is gaining traction in Congress, proposing to exempt memecoins from SEC regulations if they meet 3 criteria:

1) No pre-mine or VC allocations

2) Community-driven liquidity pools

3) Clear "not an investment" disclaimers

Recent amendments suggest a $300M market cap threshold for exemption. Dogecoin ($DOGE) and Shiba Inu ($SHIB) would qualify, while newer memecoins face scrutiny. Crypto Twitter is divided:

• 62% support regulatory clarity

• 38% warn it creates "second-class tokens"

Trading volumes for top memecoins spiked 90% after draft release. The House votes in 72 hours - passage could trigger a memecoin rally targeting $50B total market cap. #MEMEAct