SoSo Daily Oct 23 | Binance will delist IDRT, KP3R, OOKI, UNFI

Let's turn our attention to today's overall Crypto market situation.
As of 5:59 PM UTC0 time on October 23, 2024, according to sosovalue, the total market cap of the crypto market stands at 2.37 trillion US dollars, witnessing a decrease of 3.47% compared to yesterday; the total trading volume is 91.44 billion US dollars, marking a decline of 10.9% from the previous day.

According to sosovalue, the price of $BTC is 65,685 USD, a decrease of 2.45% from yesterday. The market cap of $BTC is 1.30 trillion USD, accounting for 54.9% of the total market cap; $BTC's 24-hour trading volume is 27.65 billion USD, making up 30.2% of the total trading volume.
The price of $ETH is 2,493.6 USD, down 5% from yesterday; the market cap of $ETH is 300.22 billion USD, representing 12.7% of the total market cap; $ETH's 24-hour trading volume is 14.06 billion USD, comprising 15.4% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 67.6% of the total cryptocurrency market cap, and their combined trading volumes constitute 45.6% 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 17:55 UTC0 time, according to sosovalue, the top five token gainers are:
Top 1 gainer is Goatseus Maximus. As of 17:55 today, its market cap is 715.00M, with a coin price of 0.71500 USD, witnessing a 24-hour increase of 74.9%.
The second is Saito. As of 17:55 today, its market cap is 17.69M, with a coin price of 0.0058960 USD, witnessing a 24-hour increase of 48.6%.
The third is DSLA Protocol. As of 17:55 today, its market cap is 990.79K, with a coin price of 0.00017800 USD, showing a 24-hour increase of 31.1%.
In fourth place is Radworks. As of 17:55 today, its market cap is 76.24M, its coin price is 1.5300 USD, with a 24-hour rise of 30.9%.
In fifth place is TopGoal. As of 17:55 today, its market cap is 11.89M, its coin price is 0.022180 USD, increasing by 26.6% 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, 0 are up and 16 are down. Notably, DeFi, GameFi, and NFT sectors are worth mentioning.
DeFi sector has fallen -4.93% relative to the UTC 0 time, led by declines in ooki (-41.9%), unfi (-26%), and sudo (-18.4%).
GameFi sector has decreased -5.21% relative to UTC 0, with cati (-23%), PIXEL (-15.4%), and roco (-13.7%) leading the drop.
NFT sector has fallen -5.63%, with vra (-10.2%), ape (-9.36%), and dego (-9.14%) leading the decline.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Binance will stop trading and delist tokens such as IDRT, KP3R, OOKI, and UNFI at 11:00 on November 6, and will also suspend the withdrawal services for the aforementioned tokens.
Next news:According to Wu, the latest report from QCP indicates that as the U.S. election approaches, Trump’s lead in the prediction markets is widening, and polls in key swing states are tilting towards the Republican Party, leading the market to start pricing in a Trump victory. Trump's support for tariff increases and tax cuts is strengthening the dollar and pushing U.S. Treasury yields higher. Under his more crypto-friendly stance, the price of Bitcoin has also risen. Currently, open contracts in the Bitcoin futures market have reached $40.50 billion. The market expects an interest rate cut of 1.5 times in 2024, and the upcoming non-farm payroll data and election results will have a significant impact on market expectations.
Next news:According to Bitget market data, Ethereum has fallen below 2,600 USDT, currently trading at 2,590.20 USDT, with a daily decline of 1.22%.
Next news:The Vietnamese government has released the "National Blockchain Strategy," which outlines the national strategy for the application and development of blockchain technology by 2025, with a vision for 2030. The government's goals include establishing 20 reputable blockchain brands in terms of platforms, products, and services on the regional blockchain technology platform; maintaining the operation of at least 3 blockchain testing centers or special economic zones in major cities, forming a national network; and having representation among the top 10 blockchain training and research institutions in the Asia region.
Next news:Uniswap has announced that its permissionless in-app cross-chain bridge is now live, allowing Uniswap users to directly conduct cross-chain transactions across nine networks from the Uniswap interface and Uniswap wallet. At launch, the cross-chain bridge is available for Ethereum, Base, Arbitrum, Polygon, OP Mainnet, Zora, Blast, World Chain, and ZKsync. The cross-chain functionality in Uniswap Labs products is powered by Across Protocol.
Next news:CryptoQuant's latest report indicates that retail investor interest in Bitcoin has significantly rebounded in October, with on-chain activity nearing historical highs last seen in March 2024. Over the past 30 days, retail demand has grown by approximately 13%. At the same time, institutional investor interest is also rising, with cumulative net inflows into Bitcoin ETFs exceeding $21 billion this year. CryptoQuant analysts point out that this trend is reminiscent of 2017 and may signal a resurgence of market optimism towards Bitcoin. (TheBlock)
Next news:According to Wu Shuo, data from Solscan shows that a certain whale address 56Uv…sh2u staked 6,653 SOL as BGSOL at 23:50 on the 22nd, valued at 1.10 million USD. BGSOL is a liquidity staking solution launched in collaboration between Bitget and Solayer, allowing users to stake SOL and receive BGSOL tokens. The official statement indicates that in addition to earning staking rewards, BGSOL can also be used for other DeFi activities. According to Solayer data, the current TVL of BGSOL is 11 million USD.
Next news:The Nigerian government has withdrawn charges against Binance executives.
Next news:According to Foresight News, Matthew Sigel, head of digital asset research at VanEck, cited information from Bloomberg terminals indicating that as the BRICS summit opens in Kazan, Russia, cryptocurrency issues have been brought to the agenda. Russian lawmakers are promoting the idea that Russian miners could sell tokens to international buyers, who can use Bitcoin and other cryptocurrencies to pay for imported goods, thereby circumventing Western sanctions.
Next news:Market data shows that the AI concept meme coin GOAT has a market capitalization exceeding 600 million USD, with the current token price reported at 0.6107 USD, reflecting a 24-hour increase of 66.42%.

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.