#MEMEAct MEME Bill and Its Indirect Impact on the DOGEUSDT Pair

The recently proposed MEME Bill in the U.S. Congress has sparked widespread controversy, as it aims to impose controls on the trading of digital assets that are "satirical or unserious" in nature, which includes currencies like DOGE, PEPE, and SHIB. Although the bill does not directly ban these currencies, it raises concerns among investors about the possibility of restricting their trading in the future. The market's reaction to the news was reflected in the DOGEUSDT pair, which saw a 4% decrease in the first 24 hours after the announcement, dropping from $0.165 to $0.158. Traders are worried that any strict legislation could limit the liquidity of these currencies or reduce their popularity among new investors.