Muhammad hussain-fc44b
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#MEMEAct
šļø 1. MEME Act ā U.S. Legislation
The Modern Emoluments and Malfeasance Enforcement Act (MEME Act) is a bill introduced in the U.S. Congress in 2025. Its primary objective is to prevent federal officials from profiting off their public positions through the issuance or promotion of digital assets, such as meme coins. ļæ¼ ļæ¼
Key Provisions:
ā¢ Prohibits the President, Vice President, Members of Congress, senior Executive Branch officials, and their immediate family members from issuing, sponsoring, or endorsing digital assets, securities, or commodities. ļæ¼
ā¢ Aims to address concerns about potential conflicts of interest and unethical financial gains by public officials.
Background:
The legislation was introduced following instances where public officials were involved in launching or promoting meme coins, raising ethical and legal questions. For example, reports indicated that certain officials had financial interests in meme coins, leading to public outcry and calls for stricter regulations.
You can read the full text of the bill here. ļæ¼
āø»
š° 2. MEMEACT ā Cryptocurrency Token
MEMEACT is also the ticker symbol for a meme-themed cryptocurrency token on the Solana blockchain. This token is part of the broader trend of meme coins, which are cryptocurrencies inspired by internet memes and culture.
Token Details (as of May 7, 2025):
ā¢ Network: Solana
ā¢ Market Cap: Approximately $2,890
ā¢ Circulating Supply: Around 997 million tokens
ā¢ Number of Holders: Approximately 120
ā¢ Trading Platforms: Available on platforms like Phantom and Raydium.
Note: This token is unverified, and potential investors should exercise caution.
šļø 1. MEME Act ā U.S. Legislation
The Modern Emoluments and Malfeasance Enforcement Act (MEME Act) is a bill introduced in the U.S. Congress in 2025. Its primary objective is to prevent federal officials from profiting off their public positions through the issuance or promotion of digital assets, such as meme coins. ļæ¼ ļæ¼
Key Provisions:
ā¢ Prohibits the President, Vice President, Members of Congress, senior Executive Branch officials, and their immediate family members from issuing, sponsoring, or endorsing digital assets, securities, or commodities. ļæ¼
ā¢ Aims to address concerns about potential conflicts of interest and unethical financial gains by public officials.
Background:
The legislation was introduced following instances where public officials were involved in launching or promoting meme coins, raising ethical and legal questions. For example, reports indicated that certain officials had financial interests in meme coins, leading to public outcry and calls for stricter regulations.
You can read the full text of the bill here. ļæ¼
āø»
š° 2. MEMEACT ā Cryptocurrency Token
MEMEACT is also the ticker symbol for a meme-themed cryptocurrency token on the Solana blockchain. This token is part of the broader trend of meme coins, which are cryptocurrencies inspired by internet memes and culture.
Token Details (as of May 7, 2025):
ā¢ Network: Solana
ā¢ Market Cap: Approximately $2,890
ā¢ Circulating Supply: Around 997 million tokens
ā¢ Number of Holders: Approximately 120
ā¢ Trading Platforms: Available on platforms like Phantom and Raydium.
Note: This token is unverified, and potential investors should exercise caution.
Hold it
š„ŗššI invest 134$ Now its 68$š„ŗš What should I doš„ŗš¤„ To Recover š my losses
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#PoWMiningNotSecurities #foryou #viralmypost #TrendingTopic #Write2Earn
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#PoWMiningNotSecurities #foryou #viralmypost #TrendingTopic #Write2Earn
Donāt give up
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