#MEMEAct
The #MEMEAct refers to two distinct entities:
Legislation
The Modern Emoluments and Malfeasance Enforcement (MEME) Act is a proposed law aimed at preventing government officials, including the President and Congress members, from profiting off digital assets like meme coins. Introduced by US Senator Chris Murphy and Representative Sam Liccardo, the bill seeks to prohibit officials from issuing, sponsoring, or endorsing digital assets and subject violators to penalties.¹
Cryptocurrency
MEME Act (MEMEACT) is a cryptocurrency token with a current price of $0.0000046702 and a market capitalization of $4,652.81. It's available for trading on some platforms, with its price fluctuating due to global supply and demand dynamics.²