SOSO

SoSoValue donates 47T to the foundation, and the strategic airdrop of 4.7 million dollars officially starts, with the application window opening today at 20:00

ChainCatcher news, SoSoValue announced that the strategic airdrop of $4.7 million to the 47T Foundation has officially launched. The first batch of $1 million worth of MAG7.ssi index tokens will be available for eligible users to claim tonight at 8 PM. The airdrop is targeted at holders of ETH, AAVE, LINK, ENA, and ONDO. Eligible participants need to visit the SSI official website to connect their Base chain wallet and claim their tokens. The claiming window will be open for 47 days from the date of announcement, ending on March 17, 2025.The MAG7.ssi index tokens received from the airdrop can be staked for mining on the SSI official website to earn SoSoValue's native token $SOSO, with the current APY reaching approximately 500%.Currently, the SoSoValue Indexes Protocol index token staking has been live for only 3 days, and the total TVL has surpassed $85 million. Meanwhile, on the Base chain, the MAG7.ssi/USDC trading pair has secured two spots in the top ten liquidity pools on Uniswap.It is reported that MAG7.ssi is an index fund token representing leading opportunities in the crypto market, issued by the SoSoValue index fund token issuance protocol on the Base chain. It covers seven major cryptocurrencies, including Bitcoin, Ethereum, and Solana, synthesized in spot on their native chains. Historical data shows its significant yield potential, with returns and drawdown rates outperforming Bitcoin over the past three years.

SoSoValue has launched an index token staking mining activity, with the platform token $SOSO rising 64.89% in 1 hour and 78.21% in 24 hours, reaching a peak price of 1.64 USD

ChainCatcher news, the AI-driven asset management and investment research platform SoSoValue launched its exclusive "Staking Mining for Index Tokens" event on January 25 at 20:00 Beijing time on its official website. According to data from the official website, the staking mining APY can reach as high as 3158% based on the current value of $SOSO. As a result of this news, the platform token $SOSO surged by 64.89% in one hour, with FDV exceeding 1.6 billion USD.According to the introduction, SoSoValue is an AI-driven asset management and investment research platform that provides users with AI-based market analysis, investment decision AI agents, and trading and issuance services for cryptocurrency index fund tokens, with over 10 million registered users.Currently, MAG7.ssi is a passive index fund token representing leading opportunities in the cryptocurrency market, issued on the Base chain by the SoSoValue index issuance protocol SSI Protocol. It covers seven major cryptocurrencies, including Bitcoin, Ethereum, and Solana, synthesized in spot on their native chains, providing rich asset allocation to help investors diversify risks. It maintains the optimal portfolio state through an intelligent monthly rebalancing mechanism, with returns and drawdowns over the past three years outperforming Bitcoin. Additionally, due to its index characteristics, MAG7.ssi aggregates the liquidity of the top seven coins such as BTC and ETH, making it suitable for investors seeking long-term growth and enjoying the dividends of the cryptocurrency market's development.Currently, the MAG7.ssi index token has been listed on exchanges such as Gate.io, Bingx, MEXC, and KCEX. Meanwhile, on-chain monitoring shows that MAG7.ssi token liquidity ranks in the top five in the Base chain Uniswap liquidity pool.

SoSoValue: Today's market risk sentiment VIX index has risen to its highest point since early August (when the Bank of Japan raised interest rates). The market may be overreacting, and it is recommended to maintain risk exposure

ChainCatcher message, according to the SoSoValue macro sector display, on December 18th, at the interest rate meeting, the Federal Reserve lowered interest rates by 25 basis points as expected, bringing the target range for the federal funds rate down to 4.25%-4.50%. For the rate cut pace next year, the Federal Reserve adjusted its expectations from "four rate cuts" to "two" through the latest dot plot. In addition, the Federal Reserve raised its expectations for future core PCE inflation and GDP growth, which is consistent with Powell's remarks, all conveying a more "hawkish" signal than the market expected. Data shows that the market risk sentiment VIX index rose to its highest point since early August (when the Bank of Japan raised interest rates).SoSoValue analysts stated that the FOMC proposed an unexpectedly aggressive rate cut plan, coupled with Powell's "hawkish" remarks, led to a shift in market sentiment towards panic, with U.S. Treasuries even overreacting. The U.S. stock market subsequently corrected, while the dollar strengthened. Overall, all risk assets reacted strongly to the FOMC's latest signals. Based on macro data, we believe that the fundamentals of the U.S. economy remain unchanged, the dollar remains strong, and consensus-driven assets such as cryptocurrencies continue to be a destination for capital inflows. Each market correction driven by sentiment in the game is a good entry point, and we recommend maintaining risk exposure at this time.
ChainCatcher Building the Web3 world with innovators