SoSo Daily Oct. 1 | Digital-Asset Manager Kin Launches $100M Tokenized Real Estate Fund on Chintai Network

According to sosovalue, the price of $BTC is 64,104 USD, a decrease of 2.41% from yesterday. The market cap of $BTC is 1.27 trillion USD, accounting for 54.5% of the total market cap; $BTC's 24-hour trading volume is 37.75 billion USD, making up 36.4% of the total trading volume.
The price of $ETH is 2,636 USD, down 0.635% from yesterday; the market cap of $ETH is 317.28 billion USD, representing 13.7% of the total market cap; $ETH's 24-hour trading volume is 17.36 billion USD, comprising 16.7% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 68.2% of the total cryptocurrency market cap, and their combined trading volumes constitute 53.1% 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 23:55 UTC0 time, according to sosovalue, the top five token gainers are:
Top 1 gainer is WeSendit. As of 23:55 today, its market cap is 5.16M, with a coin price of 0.012741 USD, witnessing a 24-hour increase of 172%.
The second is Trabzonspor Fan Token. As of 23:55 today, its market cap is 10.29M, with a coin price of 1.1135 USD, witnessing a 24-hour increase of 42.5%.
The third is DIA. As of 23:55 today, its market cap is 79.29M, with a coin price of 0.71680 USD, showing a 24-hour increase of 32.6%.
In fourth place is Aperture Finance. As of 23:55 today, its market cap is 712.66K, its coin price is 0.0078400 USD, with a 24-hour rise of 32.2%.
In fifth place is Mango. As of 23:55 today, its market cap is 23.84M, its coin price is 0.018810 USD, increasing by 32.2% 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, all 16 are down. Notably, NFT, Layer2, and Meme sectors are worth mentioning.
NFT sector has fallen -5.79% relative to the UTC 0 time, led by declines in orb (-38.3%), epik (-13.2%), and pbx (-12.8%).
Layer2 sector has decreased -5.85% relative to UTC 0, with zkf (-12.5%), SAVM (-9.61%), and rly (-9.18%) leading the drop.
Meme sector has fallen -7.03%, with leash (-21.1%), SC (-15.7%), and LOBO (-13.4%) leading the decline.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Fund tokenization is one of the frontiers of bringing real-world assets to blockchain rails in pursuit of greater efficiency, lower costs and faster settlements.
Next news:The Westminster Magistrates' Court in the UK has heard a case involving the illegal operation of a cryptocurrency ATM network. 45-year-old Olumide Osunkoya has pleaded guilty to five charges, making it the first conviction in the UK for operating cryptocurrency ATMs. Osunkoya operated multiple cryptocurrency ATMs without registration, involving transaction amounts of approximately £2.60 million ($3.40 million).
Next news:Bithumb, a South Korean crypto exchange, is considering a listing on the Nasdaq, according to a report. The exchange is open to all possibilities for its IPO launch location. The regulatory stance on cryptocurrencies in South Korea may have hindered Bithumb's plans to list on the Kosdaq. Bithumb is currently the second largest spot crypto trading platform in South Korea.
Next news:According to Foresight News, Coinbase will be adding support for EigenLayer (EIGEN) on the Ethereum network (ERC-20 tokens). If liquidity conditions are met, trading will begin at or after 9 AM Pacific Time on October 1. Once a sufficient asset supply is established, the EIGEN-USD trading pair will be launched in stages.
Next news:According to Arkham monitoring, Grayscale's Coinbase Prime Deposit address transferred 1,630 $ETH to Flow Traders, valued at approximately 4.28 million USD.
Next news:Net inflows into global crypto funds reached $1.2 billion, driven by positive price momentum and expectations of dovish monetary policy. Bitcoin-based investment products accounted for the majority of inflows, while Ethereum funds broke a five-week negative streak with $87 million in net inflows.
Next news:JUST IN: 🇺🇸 Ohio Senator Niraj Antani introduces bill to allow state and local taxes to be paid with Bitcoin and crypto.
Next news:SoftBank's Vision Fund has agreed to invest 500 million USD in OpenAI's latest funding round, which values OpenAI at 150 billion USD pre-investment.
Next news:According to Foresight News, official sources have announced that OKX will launch spot trading for EIGEN (Eigen). The deposit opening time is September 30 at 8:15 PM (UTC+8), the spot trading for EIGEN/USDT will open on October 1 at 2:00 PM (UTC+8), and the withdrawal opening time will be on October 2 at 6:00 PM (UTC+8).
Next news:Australian bank ANZ joins Monetary Authority of Singapore-led Project Guardian

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.