Disclosure: The opinions and opinions expressed here belong to the authors solely and do not represent the views or opinions of the crypto.news editorial.
Shortly after the celebration on Friday, July 18th, on July 4th, President Donald Trump signed a genius act, becoming the first federal law to regulate the law. Passing the bill, approved by Congress on Thursday, July 17, saw the first surge in digital asset industry assets, exceeding their $4 trillion market capitalization.
summary
- Genius acts show a turning point, making it the first US federal law to regulate stubcoins and boost the crypto market.
- Trump has leaned towards the crypto spotlight, issuing his own stubcoins, NFTS and Memecoins, positioning himself as the “crypto president.”
- NFTS and memokines are fundamentally different. While NFTs are unique and inappropriate assets related to ownership, Memecoin is a viral token driven by hype.
- Regulation and tax treatment are very different, with the SEC treating many memokines as collectibles, and the IRS applies a tax of up to 28% on collectibles considered NFTS.
- Expert Consensus: Buyers Beware – Memecoin may be similar to gambling, while NFTs show more promise in games, art and identity, but both require careful review.
The genius imposes federal and state surveillance on stablecoins (dollar-backed digital assets) that convert the sphere of finance forever and make President Trump the crypto president.
Flags – Rose by Selvao Selli, US 250 Series
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President Donald Trump’s globally free financial platform has a mission to “make America great” and is publishing Stablecoin USD1. Furthermore, before taking office in his second term, President Trump issued a mysterious token called the “Trump Digital Trading Card” and an official Trump (Trump) memo coin. Stubcoin is regulated by federal law, but NFTs and Mimecoin still require clarity in regulations from the Securities and Exchange Commission.
Before making an investment, how can investors distinguish between NFT and Memecoin? Are there any of these great digital asset investments? For the benefit of our readers, we asked industry experts for actual guidance on these questions.
How to distinguish between NFT and memokine
In general, NFTs are unique digital assets stored on the blockchain, which digitally or physically represent the ownership of a particular item. Unlike interchangeable, easy-to-rely-reliable digital assets, each NFT is different and cannot be replaced by another NFT. Memocoin, on the other hand, is a type of digital asset that is usually created as an internet meme, trend, or joke or parody of humorous concepts. Memecoin shares its underlying blockchain technology with other digital assets such as Bitcoin (BTC), Ethereum (ETH), Avalanche (Avax), NFTS, and Stablecoins, but often lacks serious financial or technical objectives.
Kristen Miertzwa, head of digital assets at FTSE Russell, will further explain in an interview the distinction between NFTs and memokines. Exchanges by rulesA guide to digital asset review and digital asset exchange,’ or the review guide. As always, we take a rule-based approach to this asset class. For more information about how to select assets included in the FTSE Digital Asset Universe, see our coverage guide if you are rebalancing quarterly.
The easiest way to identify whether a digital asset is Memecoin or NFT is to check if the asset has a token symbol. An example would be a DogeCoin (Doge) with a symbol, but NFTs do not have a token symbol. Another good identifier that allows you to look for another good identifier is when your digital assets are sold in fractional units, such as 0.0001. This is a quote from Memecoin. If you’re seeing an image with a unique ID like #221 in the collection, it’s probably NFT.
Now let’s consider the attributes associated with Memocoin and NFT. Classify FTSE grayscale memokines Cryptographic Sector Index Series In the field of consumers and culture. The reason is to capture the social trends associated with the use of memokine. Simply put, many users enjoy trading these types of assets, such as Fartcoin (Fartcoin). The evaluation of Memecoin in our universe is based on transactions carried out in centralized exchanges. These prices are then aggregated every 15 seconds to form the weighted average price of the volume. An example of NFT that many people know well is the bored APE Yacht Club NFT. These are considered collectibles and, like other works of art, there is no simple methodology for evaluation. It could be an assessment of recent sales history, rare traits, celebrity influence, liquidity, and market sentiment.
From a regulatory standpoint, SEC staff considers typical memokines to be collectibles and does not provide clear or formal guidance on whether NFTs are securities, but instead pursues enforcement measures and may also cite resale royalties as evidence that NFTs are security. Therefore, investors should analyse memokines and NFTs on a case-by-case basis, focusing on whether NFTs are being used as investment contracts rather than collectable or digital assets, subject to further interpretations and individual valuations based on the talk nemics of each token, as well as specific characteristics and marketing of each token, and whether NFTs are being used as investment contracts rather than collectable or digital assets.
Shane Molidor, CEO and founder of Forgd, a platform and advisory company specializing in supporting blockchain projects, has many memokines launched with the “Memecoins are usually no utility” disclaimer. If the toconom name allows for a coordinated promotion, insider allocation, or implicit benefits.
NFTs, on the other hand, are inappropriate and often represent digital art, collectibles, or items in the game. From a regulatory perspective, NFTs are less likely to be considered securities unless they are fractionated or sold in the hopes of profits related to others’ work. ”
Are NFTs and Mecoins good investments?
Kristen Mierzwa of FTSE Russell is a global index provider, a subsidiary of the London Stock Exchange Group, creating and managing a wide range of financial market indexes. They are known for their FTSE and Russell Index series, which are used by investors around the world to create benchmarks, investment strategies and financial products. Whether MemeCoins belongs to an index.
sauce:ftse Russell. As of March 31, 2025. Note that the missing fields are because the market capitalization of non-memicoin has not been verified with historical data. Note that in December 2022, FTSE Russel covers 363 assets rather than 400.
“I think 2025 will be a meme coin market on the digital asset bull, just like when the NFT market exploded in the first part of 2021.”
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Shane Molidor, CEO and Founder of Forgd, explains: “Memokines can be a valuable tool for influencers. Naturally, influencer revenues are determined by how well influencer revenues can be monetized by being able to monetize them through advertising.
Creators bypass this to some extent by creating alternative revenue streams such as products, but Memecoin is truly the purest instance of the attention economy. Instead of attentional economy at the request of several shadow supercoders that determine your “rank” with the black box algorithm, Memecins places the fate of creators in the hands of free markets. The added benefit of Memcoin is that the utility can be embedded in its token, so it is not just a notice token, but also allows musicians to act as royalty tokens that give financial interest in the success of their fans, or to issue tokens that can be used for exclusive content, march, access, etc.
That said, the Memecoin market is largely functioning like gambling, and is very unsustainable today. At face value, gambling is sustainable, the industry is worth more than a trillion dollars, and financial nihilism is on the rise (as people are becoming increasingly desperate for economics), and the industry is getting bigger. The growing popularity of Memecoin is also a symptom of this phenomenon.
However, unlike legacy gambling (such as casinos), the game theory behind Memecoins doesn’t really help sustainability. Poss this: You are the owner of the casino. It owns all the slot machines and poker tables in the casino. The last thing you want to do is for everyone to lose money. There is an optimal strategy for some people to make money, and some people may lose money, but it is structured so that it is not completely extracted. You own everything in the casino so it’s okay to lose money in some games to make money from other games. But in Memecoin it could not be far from the truth. Every Memecoin creator has an incentive to extract the most. They are not worried about customers returning to the casino. This creates many churn and extraction behaviors. This is what you can see today. ”
Concu founder and CEO Sergio Hamza has released a digital asset risk report, but agreed to all expert comments, saying, “The public failures of US President Donald Trump’s Memecoin Mania and Argentine President Javier Milei, Memecoin Reaked Reaked by Memecoin Memulions, Memecoin Reaked Reaked by Memecoin Memulions focus on President Donald Trump’s Miley’s public failure. Mylay’s Memon attempts hope to further strengthen the suspension of European encryption.
Lukas Enzersdorfer-Konrad, Bitpanda’s assistant CEO, pointed out: Whether this marks the beginning of a sustainable altcoin (Memecoin/NFT).
John Crain, co-founder and CEO of Superrare NFT Platform, is CEO called the new NYC-based Physics Art Gallery Digital degradationsays, “SuperRare deals especially in art NFTs—whereas NFTs are a much broader digital asset class than simply digital art or collectibles. While initially gaining promise in the art world, NFTs’ use has expanded across numerous industries and applications, including but not limited to gaming, real estate, music and entertainment, supply chain management, digital identity and credentials, event ticketing, intellectual property and royalties, physics, literature, and digital publishing.
I’ve covered some of these topics before. Read more about the music industry, real estate, and digital identity, for example.
US Taxation on Mimecoin, NFTs and Collectibles
In the US, digital assets, including stubcoins, memokines, NFTs and collectibles, are taxed as assets. When selling or replacing digital assets, you may experience taxable capital gains or losses. Tax rates depend on whether the profit is short-term (holds within a year), long-term (holds over a year), or collectibles.
Under the IRS guidance for March 2023, certain NFTs may be classified as collectibles. It claims a higher capital gains tax rate of up to 28% compared to the standard 15-20% of other crypto assets (IRS Notice 2023-27). The distinction between digital assets between NFTs and Memecoin can be particularly important due to the taxation of collectibles. For example, investors might assume that President Trump’s NFT and Mimecoin are both collectibles. However, investors need to make decisions under tax rules, not what they are thinking or what the SEC is saying.
Additionally, investors are urged to consider the cross-border tax impact of such digital asset investments. Some countries impose federal levels and VAT (meaning sales tax) on such investments, while some tax treaties impose double taxes on capital gains.
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