Lemon8 is owned by ByteDance, the same company that owns TikTok. Lemon8 is ByteDance's attempt at competing with US-based Instagram, an app slowly losing relevance among American users. With the introduction of Lemon8, ByteDance seems hopeful that its connection to TikTok, the most popular app in the US, can influence users to migrate from Instagram.Also: How to go live on TikTok (and how it can earn you real money)But if Lemon8 soars in popularity, its fate will be at just as much risk in the US as its sister company TikTok. Lemon8's success in US markets can do one of two things: push creators to lobby politicians to block legislation that would ban TikTok and Lemon8 or encourage the government to act quicker.Recently, the US government has proposed legislation that would effectively ban Chinese social media sites in the US, citing national security concerns. Last month, US House Speaker Kevin McCarthy told NBC News that the House "will be moving forward" with legislation banning apps owned by foreign companies.