A new protocol aiming to index the meme coin market has raised $3.4 million during its presale phase. Meme Index (MEMEX) structures investments across multiple meme coin categories, from established coins to new tokens, via a unified platform. Meme Index’s team seeks to bring structure to meme coin investing through four curated token portfolios.

A progressive watchdog group is calling for an investigation into whether President Donald Trump’s promotion of a meme coin violated federal law. In a complaint filed on Wednesday, Public Citizen asked the Department of Justice and the Office of Government Ethics to look into Trump’s repost on X in January of a cryptocurrency coin that

Public Citizen, a consumer advocacy organization, has called for a federal investigation into whether U.S. President Donald Trump had violated laws around gift solicitation by promoting a meme coin.

Public Citizen urged federal agencies to recommend stopping of the sale of the meme coin $Trump. Public Citizen, a consumer advocacy organization, has called for a federal investigation into whether U.