#MEMEAct A MEME law has sparked an intense debate in the Capitol, with lawmakers disagreeing on the future of meme coins. Senator Murphy's bill aims to regulate these coins, but critics argue that it threatens crypto freedom. The proposal sent shockwaves through the market, with TrumpCoin dropping 2.3% and Dogecoin and Shiba Inu experiencing a slight increase. As the crypto community expresses its opinions, the question remains: will this legislation mark the end of the meme craze or intensify it? Proponents of the law argue that it is necessary to protect investors, while opponents see it as overreach. With the crypto landscape constantly evolving, one thing is certain - the outcome of this battle will have profound implications for the industry.