<ul><li>The recent sell-offs in the market can be attributed to the ongoing U.S. presidential tariffs and trade negotiations, impacting global economics.</li><li>Meme coins have been classified as collectibles rather than securities by the SEC, marking a significant regulatory shift in the U.S. towards a more crypto-friendly approach.</li><li>There are discussions about the U.S. government officially declaring and potentially purchasing one million Bitcoin, indicating a bullish stance towards cryptocurrencies.</li><li>Despite the turbulence, the market has seen an influx of investments and endorsements in meme coins, reinforcing the long-term potential of crypto.</li></ul>

The State of the Meme Economy

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