Meme coins typically are purchased for entertainment, social interaction, and cultural purposes, and their value is driven primarily by market demand and speculation,” said t

Despite the seemingly definitive statement by the staff that meme coins are not ‘securities’ under the U.S. securities laws, the devil is always in the detail,” said Christopher Capuzzi, a capital markets partner at Ropes & Gray.

The SEC has ruled that meme coins are not securities, which could make the Meme Index presale the best crypto to buy now.