Five U.S.-Based Cryptocurrencies to Keep an Eye on This Weekend

The U.S. cryptocurrency market is experiencing a transformation due to President Donald Trump’s favorable regulations for crypto. With increasing momentum, several coins from the U.S., including EOS, SUI, KAS, EIGEN, and ONDO, are gaining attention this weekend. There’s a lot occurring in the world of cryptocurrency. The newly appointed Chair of the SEC is developing rules for the distribution of crypto tokens that are deemed securities and is evaluating the potential need for additional exemptions. At the same time, World Liberty Financial (WLFI), an entity associated with Donald Trump, is increasing its involvement in cryptocurrencies, which is raising doubts among both legislators and the public. Let’s examine a few U.S.-based tokens that could be impacted by this, starting with EOS. According to reports from WLFI yesterday, the company used nearly $3 million in USDT to purchase approximately 3.36 million EOS, resulting in a 9% increase in the price, bringing it to around $0.85. EOS has recently fallen to $0.79, although it has seen a dramatic increase of 3493% over the last month. Meanwhile, Bybit, a cryptocurrency exchange based in Dubai, has revealed that it will back EOS’s transition to Vaulta (A), offering a 1:1 token exchange. The updated ticker symbol on Bybit will be “A.” Considering this, an analyst pointed out that EOS could reach $2.00 to $2.50 if it remains above $0.75, although they cautioned that it could fall to $0.663 if momentum decreases.