Six blockchain groups just formally demanded the SEC classify digital assets as non-securities, and $LINK already ripped 5.13% in 24 hours to $12.78.

Retail is already FOMOing over the regulatory win narrative, but let’s be real: this is just a request, not binding policy. No guarantee the SEC even responds before Q4.

The biggest risk here? The SEC ignores the filing entirely and drops another Wells notice to kill momentum. Don’t chase this pump; wait for a confirmed close above $13 for $LINK and $0.235 for $ADA before adding exposure.

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