#MEMEAct It is a legislative proposal in the US. Called the Modern Emoluments and Malfeasance Enforcement Act. It was introduced by Democratic Congressman Sam Liccardo on February 27, 2025, and aims to prohibit public officials, including the president, congress members, and high-ranking officials, from issuing or promoting cryptocurrencies, especially memecoins like the Trump token.

The law directly targets political memecoins, which have generated controversy due to their volatility and possible use for opaque economic influences.

If passed, Trump would have to return the profits obtained from his Trump token, which experienced dramatic highs and lows in the market.

There is also another project called Act Coin, an AI-focused memecoin, which aims to create a decentralized ecosystem for innovation in AI.