#MEMEAct Breakdown (Two Different Bills):**
1️⃣ **Anti-Corruption MEME Act**
- **Goal:** Ban U.S. politicians (like Trump) from launching/promoting crypto/memecoins.
- **Why?** Trump’s **$TRUMP** coin made $320M, raising ethics concerns.
- **Impact:** Bitcoin dipped **1.2%**; memecoin trading surged **18%**.
2️⃣ **Pro-Startup MEME Act**
- **Goal:** Tax breaks for small businesses (75% capital gains exclusion).
- **Why?** Boost innovation; bipartisan support.
**Key Conflict:** One targets crypto politics, the other helps startups—same hashtag, different goals.
**TL;DR:** Political memecoin ban vs. small-business tax cuts—both called #MEMEAct. Market reacted with volatility.