SoSo Daily Mar 22 | Binance Alpha has launched Tell A Tale (TAT) and quq (quq).
Let's turn our attention to today's overall Crypto market situation.
As of 11:59 AM on March 22, 2025, according to sosovalue, the total market cap of the crypto market stands at 2.87 trillion US dollars, witnessing a decrease of 1.44% compared to yesterday; the total trading volume is 65.44 billion US dollars, marking a decline of 23.2% from the previous day.
Cryptocurrency Market Update
According to sosovalue, the price of $BTC is 84,255 USD, an increase of 0.248% from yesterday. The market cap of $BTC is 1.67 trillion USD, accounting for 58.3% of the total market cap; $BTC's 24-hour trading volume is 12.73 billion USD, making up 19.4% of the total trading volume.
The price of $ETH is 1,990.4 USD, up 1.2% from yesterday; the market cap of $ETH is 240.12 billion USD, representing 8.38% of the total market cap; $ETH's 24-hour trading volume is 9.23 billion USD, comprising 14.1% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 66.68% of the total cryptocurrency market cap, and their combined trading volumes constitute 33.5% 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 12:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Suiswap. As of 11:50 today, its market cap is 3.74M, with a coin price of 0.00037380 USD, witnessing a 24-hour increase of 147%.
The second is jelly-my-jelly. As of 11:50 today, its coin price is 0.029970 USD, with a 24-hour increase of 61.3%.
The third is Tornado Cash. As of 11:50 today, its coin price is 11.784 USD, showing a 24-hour increase of 50.5%.
In fourth place is Cirus. As of 11:50 today, its coin price is 0.0016000 USD, with a 24-hour rise of 36.8%.
In fifth place is Ben Pasternak. As of 11:50 today, its coin price is 0.00039550 USD, increasing by 35.2% over the last 24 hours.
Crypto Market Sector Performance
According to sosovalue, out of 16 sectors, 13 are up and 3 are down. Notably, the AI, NFT, and DePIN sectors are worth mentioning.
AI Sector
The AI sector has risen by 4.01% relative to the UTC 0 time, led by gains in fartcoin (34%), opus (24.1%), and send (18.2%).
NFT Sector
The NFT sector has increased by 3.4% relative to UTC 0, with talk (11%), MOCA (9.33%), and mplx (9.15%) leading the rise.
DePIN Sector
The DePIN sector has risen by 3.16%, with MOBILE (13.9%), ncdt (12.1%), and MSN (11.4%) leading the rise.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:
According to Wu, Binance Alpha has launched Tell A Tale (TAT) and quq (quq).
Next news:
According to Wu's report, on monitoring by Onchain Lens, a certain whale has unlocked 38,821 SOL (approximately 5 million USD) after a year of inactivity. The account originally staked 35,777 SOL and earned a total of 3,044 SOL in rewards during this period, but overall, it is still down over 100 thousand USD.
Next news:South Korea's second-largest cryptocurrency exchange, Bithumb, will list the Across Protocol (ACX) KRW trading pair. The trading will open at 6:00 PM local time. Across Protocol is a blockchain interoperability platform.
https://t.co/dRcJV1oCGr
Next news:Fidelity will launch a tokenized fund investing in U.S. Treasury bonds, competing with BlackRock's BUIDL. (AggrNews)
Next news:According to reports from 吴, monitored by @EmberCN, a whale/institution suspected of manipulating the AUCTION market withdrew a total of 2 million AUCTION from Binance through 4 addresses between February 23 and March 16, accounting for 26% of the total supply. During this period, the price of the token rose from $12 to $26, nearly emptying Binance's inventory. Subsequently, on March 17, the institution transferred 500 thousand AUCTION (approximately $16.90 million) back to Binance, causing the price to retreat from $35 to $31. After that, the price of AUCTION continued to rise, breaking its historical high at $68 this morning, before quickly falling back to $45. Currently, the institution still holds 1.50 million AUCTION through 3 addresses, worth approximately $67.50 million, which is 20% of the total supply.
Next news:
According to SoSoValue data, Bitcoin spot ETF saw a total net inflow of 83.09M USD yesterday (Eastern Time, March 21th).
The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of 104.99M USD, and the total historical net inflow of IBIT currently stands at 39.77B USD.
The Bitcoin Spot ETF with the highest net outflow yesterday was Grayscale's ETF GBTC, with a daily net outflow of 21.90M USD, and the total historical net outflow of GBTC currently stands at 22.53B USD.
As of the time of publication, the total net asset value of Bitcoin Spot ETFs is 94.35B USD, with an ETF net asset ratio (market capitalization relative to the total Bitcoin market cap) of 5.65%. The historical cumulative net inflow has reached 36.05B USD.
Source: https://sosovalue.com/zh/assets/etf/us-btc-spot
Next news:
According to Foresight News, GMGN and BNB CHAIN are jointly hosting the second trading competition, with a prize pool of 100 BNB. Among them: the 1st place will receive 25 BNB; the 2nd place will receive 18 BNB; the 3rd place will receive 12 BNB; the 4th to 50th places will share the remaining 45 BNB.
According to Foresight News, GMGN and BNB CHAIN are jointly hosting the second trading competition, with a prize pool of 100 BNB. Among them: the 1st place will receive 25 BNB; the 2nd place will receive 18 BNB; the 3rd place will receive 12 BNB; the 4th to 50th places will share the remaining 45 BNB.
Next news:
According to Foresight News, monitored by @ai_9684xtpa, the address 0x80F...8b932 withdrew 30 million BMT (approximately 5.23 million USD) from Binance 2 hours ago, with an entry price of 0.1743 USD, becoming the top on-chain holding address. This address had previously conducted a small withdrawal test three days ago when the coin price was 0.2141 USD.
According to Foresight News, monitored by @ai_9684xtpa, the address 0x80F...8b932 withdrew 30 million BMT (approximately 5.23 million USD) from Binance 2 hours ago, with an entry price of 0.1743 USD, becoming the top on-chain holding address. This address had previously conducted a small withdrawal test three days ago when the coin price was 0.2141 USD.
Next news:
According to Foresight News and SoSoValue data, yesterday (March 21, Eastern Time) the total net outflow of Ethereum spot ETFs was $18.63 million.
According to Foresight News and SoSoValue data, yesterday (March 21, Eastern Time) the total net outflow of Ethereum spot ETFs was $18.63 million.
Next news:According to Reuters, Tether CEO Paolo Ardoino stated that Tether is in talks with one of the "Big Four accounting firms" to advance its reserve audit work, claiming that under the leadership of U.S. President Donald Trump, this audit is "more feasible." Earlier this month, Tether appointed Simon McWilliams as Chief Financial Officer to drive the audit progress. 99% of its treasury bonds are held by Wall Street brokerage Cantor Fitzgerald, whose former CEO Howard Lutnick served as Secretary of Commerce under the Trump administration.
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.