Speculation Over Trump’s SEC Chair Pick Spurs RSR Token to Multiyear High
The Reserve Rights (RSR) token experienced an 88% price surge, fueled by speculation surrounding former U.S. President Donald Trump’s potential pick for the next chair of the Securities and Exchange Commission (SEC).
Rumors Spark Community Excitement
The crypto community has linked the token’s rally to reports that Trump may nominate Paul Atkins, a former SEC commissioner, as the new SEC chair. Atkins has previously provided advice to the Reserve Rights Foundation, the organization behind RSR.
Although Atkins is no longer actively involved with Reserve, his past connection to the project has fueled optimism among investors. Reserve co-founder and CEO Nevin Freeman clarified in a social media post on Nov. 28:
“Paul Atkins was an advisor at the start of the project but is not currently consulting for Reserve.”
RSR Token Hits Milestone
As speculation intensified, the RSR token climbed to levels not seen in years, driven by expectations that Atkins’ appointment could lead to a more crypto-friendly regulatory environment in the
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