Ethereum chain strategic bitcoin reserve concept Meme $SBR, the highest increase of more than 906,250% on the 6th, the market value has exceeded 62 million

Based on the Ethereum Bitcoin strategic reserve concept Meme token $SBR, the full name is STRATEGIC BITCOIN RESERVE, with a maximum increase of over 906,250% on the 6th, soaring 84.66% within 24 hours, the current price is 2.9513 dollars, and the market value has exceeded 62 million dollars.

 

On November 13th, US Senator Cynthia Lummis from Wyoming publicly expressed support for $SBR and forwarded the official content of $SBR to her personal page. Lummis is a staunch supporter of Bitcoin and blockchain technology, and her endorsement has added political recognition to $SBR.

 

It is reported that @CynthiaMLummis has proposed the "Bitcoin Strategic Reserve Act", which will instruct the US government to establish a reserve fund for scarce decentralized assets. Specifically, the bill will establish a "decentralized secure Bitcoin network vault" controlled by the US Treasury Department. The bill also instructs lawmakers and bureaucrats to establish strict cyber security parameters and other physical security measures to ensure that Bitcoin funds are not stolen. The bill also sets a goal of gradually accumulating 1 million Bitcoin.

 

Lummis unveiled details of her bill on the same day that former President Donald Trump outlined his policy of establishing a "national bitcoin reserve" and "never selling" the roughly 200,000 bitcoin currently owned by the US government.