Senator Cynthia Lummis has proposed a strategic plan for the U.S. government to convert a portion of its gold reserves into $BITCOIN to bolster its financial stability and reduce national debt. She argues that $BITCOIN’s long-term potential and its storage ease make it a suitable asset to enhance the U.S. dollar's status as the world’s reserve currency, without requiring additional taxpayer funding. Lummis highlights the possibility of selling underpriced gold certificates held by Federal Reserve Banks to finance the acquisition of $BITCOIN.

The GMCI Meme Index surged by 8.8% in a week and 78.2% in a month, driven by listings of PEPE and WIF on Coinbase and Robinhood, along with positive movement from PNUT and BONK.