MARKET INSIGHT

The stablecoin RSR surged.

Trump’s potential nominee for the new SEC chair was previously an advisor for RSR. Similarly, HBAR, which surged earlier, also has a board member as an SEC candidate.

2017-era coins like XVG, NEO, FUN, and VET are leading the rally. As this bull market progresses, the top 10 cryptocurrencies remain dominated by older coins. Whether it’s meme coins earlier or old coins now, the market has avoided new VC-backed tokens that face heavy sell pressure. Instead, the market is choosing directions with the least resistance to price pumps.