#BTCPrediction
U.S. Senator Chris Murphy announced that he will introduce a bill called the "Meme Coin Act" to prevent the president or any member of Congress from issuing or promoting any meme-based cryptocurrency, due to Trump's coin, which Murphy described as the biggest corruption scandal in White House history.
This news has opened a big discussion about the role of politicians in the crypto world. When a politician or someone from their family promotes a cryptocurrency, they have a significant influence on people, which can create serious conflicts of interest. They could exploit their position to inflate the value of the coin and then sell it for profit at the expense of those who believed in them.
Additionally, this promotion could be perceived by the public as a legitimate project…