#MEMEAct

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The "Meme Act" is not a formal legal regulation but rather a term sometimes informally used to refer to trends or developments surrounding memecoins—cryptocurrencies that gain popularity primarily through internet culture, humor, and social media influence rather than technological innovation. A prominent example is #MEMEAct Memecoin (MEME), which launched on Binance Launchpool in late 2023. It attracted significant attention due to its branding and community-driven hype, common traits of memecoins like Dogecoin and Shiba Inu.

The rise of memecoins has prompted discussions among regulators, especially regarding investor protection, market manipulation, and the speculative nature of these assets. Although there is no official legislation named the "Meme Act," governments and financial bodies are increasingly scrutinizing memecoins under broader crypto regulations to ensure transparency and reduce fraud.