CandleFocus Reserve Rights Investor moves $12.84M RSR to Binance as SEC Chair gets involved
2024-12-07
Author: Content Editor
The Reserve Rights (RSR) token saw a significant increase of 136% in just 24 hours, reaching a price of $0.02518. This surge in price is believed to be related to the nomination of Paul Atkins as the next SEC Chair by president-elect Trump. RSR is an ERC-20 token that serves as over-collateralization for Reserve stablecoins and plays a governance role. Despite some price fluctuations and a slight dip due to large transactions, RSR is still trending upward with strong market activity. The market capitalization of RSR currently stands at $972.49 million, with a trading volume of $366 million. The surge in trading volume reached $1.26 billion, and the market cap climbed to $1.17 billion. This growth is part of a broader bullish trend in the crypto market, and RSR has seen a price increase of 177% in the past week.
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