#MEMEAct The Political MEME Act (Breaking News)**
- **What it is**: A proposed U.S. bill called the **"Modern Emoluments and Malfeasance Enforcement Act" (MEME Act)** targeting politicians who profit from meme coins.
- **Why it matters**:
- Aims to ban federal officials (like presidents, Congress members) from promoting/pumping meme coins for personal gain.
- Triggered by controversies like **Trump’s $TRUMP token** (+900% surge) and claims of insider trading.
- **Status**: Just introduced (May 2025) by **Sen. Chris Murphy (D)**—could spark major crypto regulation debates.
### **2. The $MEMEACT Crypto (Solana Meme Coin)**
- **Token Data**:
- **Price**: ~$0.00000289 (volatile, unverified contract).
- **Market Cap**: Tiny (~$2.8K), with 997M circulating supply.
- **Risks**:
- High scam potential—no audits, low liquidity.
- Tradable on **OKX DEX** and **Raydium**, but DYOR before touching it.
### **3. Viral Meme Culture (Unrelated but Trendy)**
- **Memetic Warfare**: Internet slang for using memes to manipulate narratives (e.g., political campaigns, crypto pumps).
- **Tools**: Apps like **CapCut** and **Mematic** dominate meme creation—no link to the MEME Act.
### **Key Takeaway**
- **Political Angle**: The MEME Act could reshape how politicians interact with crypto.
- **Crypto Angle**: $BTC MEMEACT is a hyper-speculative coin—**high risk, likely a pump-and-dump**.
- **Meme Meta**: Pure chaos, as always.