The Reserve Rights (RSR) token experienced an impressive 88% surge in value amid speculation regarding Donald Trump’s potential nomination of Paul Atkins as the new SEC chair. This speculation arose due to Atkins’ previous advisory role with the Reserve Rights Foundation, which oversees RSR. Although he is not currently consulting for Reserve, Nevin Freeman, co-creator and CEO of Reserve, affirmed Atkins has maintained an interest in working with crypto clients since 2017. Prominent crypto figures, including attorney John Deaton, have voiced their support for Atkins. While the exact timing of Trump’s announcement of the new SEC chair is uncertain, it could happen imminently. As of December 3, RSR soared to a multiyear high of $0.017, although it remains significantly below its all-time high of $0.11 reached in April 2021. The rally reflects growing anticipation within the cryptocurrency community regarding a more favorable regulatory environment under Atkins' potential leadership.

Source 🔗