๐ฅ U.S. Senator Targets Trump Coin โ โMEME Actโ Shakes the Political Crypto Scene!
๐งจ Breaking News: On May 7, Senator Chris Murphy introduced the โMEME Actโ (Modern Emoluments and Malfeasance Enforcement Act) โ a bold legislative strike aimed at banning U.S. presidents and Congress members from profiting through meme coins.
๐ฏ Target Locked:
The bill directly calls out Trumpโs crypto activities, sparking intense debate across both political and crypto communities.
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๐จ Why This Matters:
Politicians may soon face a ban on meme coin profits
Pushes for crypto transparency in politics
Adds regulatory pressure on politically-linked coins
Murphyโs Words:
โTrumpโs meme coin is the most unethical, most corrupt thing a president has ever done.โ
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๐ Official Trump (TRUMP) Coin Overview:
Current Price: $11.00
Market Cap: $2.20B
FDV: $11B
24h Volume: $572.86M (โผ 26.93%)
Weekly Change: โผ15.85%
30-Day Trend: โฒ39.51%
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๐ Prediction for $TRUMP Coin:
If the MEME Act gains traction, expect:
Short-term sell pressure from fear, uncertainty & doubt (FUD)
Potential drop to $8.50โ$9.00 support zone
Volatility likely to increase with political headlines
But if momentum shifts in Trump's favor (e.g., public backing or legal delay), a bounce to $13โ$15 is also possible.
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Hashtags for Visibility:
#TrumpCoin #MEMEAct #CryptoPolitics #TrumpCrypto #ChrisMurphy #PoliticalCrypto #Altcoins #DeFiNews #BinanceSquare #CryptoRegulation #USPolitics #CryptoFUD #Trump2024
