Let's turn our attention to today's overall Crypto market situation.
As of 5:59 AM on June 10, 2024, according to sosovalue, the total market cap of the crypto market stands at 2.68 trillion US dollars, witnessing an increase of 0.453% compared to yesterday; the total trading volume is 56.61 billion US dollars, marking a decline of 52.4% from the previous day.
According to sosovalue, the price of $BTC is 69,560 USD, an increase of 0.384% from yesterday. The market cap of $BTC is 1.37 trillion USD, accounting for 51.2% of the total market cap; $BTC's 24-hour trading volume is 10.69 billion USD, making up 18.9% of the total trading volume.
The price of $ETH is 3,684.1 USD, up 0.0951% from yesterday; the market cap of $ETH is 442.65 billion USD, representing 16.5% of the total market cap; $ETH's 24-hour trading volume is 7.58 billion USD, comprising 13.4% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 67.7% of the total cryptocurrency market cap, and their combined trading volumes constitute 32.3% of the total trading volume.
After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 05:55 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Aperture Finance (APTR). As of today, its market cap is 11.84M, with a coin price of 0.13022 USD, witnessing a 24-hour increase of 45.6%.
The second is MUMU THE BULL (MUMU). As of today, its coin price is 0.000023260 USD, with a 24-hour increase of 30.3%.
The third is MANEKI (MANEKI). As of today, its coin price is 0.011842 USD, showing a 24-hour increase of 23.6%.
In fourth place is TrueFi (TRU). As of today, its coin price is 0.23631 USD, with a 24-hour rise of 21.1%.
In fifth place is Turbo (TURBO). As of today, its coin price is 0.0062090 USD, increasing by 20.5% over the last 24 hours.
Moving on, let's take a look at the sector performance in the crypto market.
According to sosovalue, out of 16 sectors, 6 are up and 10 are down. Notably, RWA, CeFi, and AI sectors are worth mentioning.
RWA sector has risen 5.9% relative to the UTC 0 time, led by gains in tru (21.1%), om (18.2%), and lto (10.9%).
CeFi sector has decreased -2.06% relative to UTC 0, with bmx (-8.6%), ngc (-3.62%), and woo (-3.34%) leading the drop.
AI sector has fallen -2.57%, with vai (-7.74%), vxv (-5.25%), and paal (-5.18%) leading the decline.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Loopring, an Ethereum Layer 2 protocol, reported a security vulnerability in some Loopring smart wallets, particularly those utilizing Loopring's official Guardian. A hacker exploited this flaw by initiating a recovery process, posing as the wallet owner to reset ownership and withdraw assets.
Next news: Thailand launches its first Bitcoin ETF, South Korea's Ministry of Justice addresses virtual asset crimes, and a roundup of the top 10 crypto news from June 3rd to June 9th in Asia.
Next news: The Arbitrum Foundation has launched a $215 million Gaming Catalyst Program to promote gaming innovation on its Ethereum rollup-based layer-2 network. The initiative will distribute 225 million ARB tokens over three years to support game developers and enhance the ecosystem's growth. The program aims to increase recognition and usage of Arbitrum, Orbit, and Stylus among developers and players, with a five-member council overseeing strategic decisions for effective fund allocation.
Next news: Wintermute CEO Evgeny Gaevoy discusses the ideological split in Ethereum's leadership, highlighting concerns about conflicting capitalist and socialist ideologies within the community. The discussion raises worries about Ethereum's future success amid a controversy involving celebrity memecoins and potential ideological conflicts within its leadership.
Next news: Bitcoin has been consolidating inside a bullish pattern, with potential signals indicating a surge to $88k. Despite trading under $70k, $BTC's slow-moving price action could lead to a significant price hike soon. Various indicators suggest a bullish rally, including Tradigrade's analysis of a bullish pennant pattern and Glassnode's Pi cycle top indicators pointing towards a market bottom nearing, potentially pushing $BTC above $88k. The market sentiment is positive with high buying pressure and optimistic derivatives market outlook, although some indicators like MACD show a bearish crossover, hinting at possible slow-moving days ahead.
Next news: Arkham unlocked 79.203M GMT tokens valued at approximately $15.9 million, transferring them to a 4/5 multi-signature address. The tokens are expected to be distributed further, with potential transfers to exchanges like Binance.
Next news: Ahmad Shadid, founder and CEO of DePIN protocol io net, resigns from his position, with COO Tory Green set to take over. Shadid cites the need for io net to progress without hindrance despite past allegations. Additionally, 1 million IO tokens will be contributed to io net's GPU Internet Foundation.
Next news: UniSat achieves record high of 9.6k trading users and regains over 40% share in Ordinals market volume since September. The recent airdrop of BRC-20 PIZZA to users showcases UniSat's engagement with its community.
Next news: Two OKX accounts were compromised by hackers who created new API Keys with trading and withdrawal permissions after hijacking mobile phone verification codes. The victims did not use Google Authenticator but relied on SMS or email verification for security.
Next news: Friendtech announced plans to migrate from the Base network to the Friendchain network developed in partnership with Conduit, and will keep users informed of the migration schedule in the coming months as blockchain development progresses. The Friendtech team previously stated that it was excluded by the Base community. Decentralized social media platform Friend.tech, built on Coinbase's layer-2 network Base, has announced its plans to develop its own blockchain, Friendchain, in collaboration with Conduit. The decision has sparked confusion among users, with many questioning the necessity and value proposition of a social-focused blockchain. Despite the skepticism, the announcement led to a significant price spike in Friend.tech's native token, FRIEND, which surged 64% shortly after the announcement but then dropped sharply. This move comes after a major airdrop and a record high in transactions for Friend.tech, indicating a volatile period for the company.
Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.xyz, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.