SoSoValue index fund token MAG7.ssi covers 5 cryptocurrencies from the U.S. National Reserve, rising over 18% within two hours
ChainCatcher news, after U.S. President Trump announced the advancement of a cryptocurrency strategic reserve including BTC, ETH, XRP, SOL, and ADA, the SoSoValue index token MAG7.ssi has surged over 18% in the past two hours.
It is reported that MAG7.ssi is an index token issued on the Base chain, covering the top seven cryptocurrencies by market capitalization, including the five tokens mentioned by Trump. Following this news, XRP within the index briefly rose by 32%, and ADA soared by 67%, driving the overall increase of the MAG7.ssi index fund token.
As of now, the TVL (Total Value Locked) of the SoSoValue index token MAG7.ssi has reached $153 million, with a total of 162,522 holders. Additionally, the SoSoValue platform token SOSO has increased by over 15% within an hour.
