SoSo Daily Mar 24 | GoPlus Security announces the official launch of the GPS buyback plan.

Let's turn our attention to today's overall Crypto market situation.
As of 11:59 PM on March 23, 2025, according to sosovalue, the total market cap of the crypto market stands at 2.90 trillion US dollars, witnessing a decrease of 0.324% compared to yesterday; the total trading volume is 58.95 billion US dollars, marking an increase of 25.4% from the previous day.

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 Neiro on ETH. As of 23:50 today, its market cap is 98.78K, with a coin price of 0.000098783 USD, witnessing a 24-hour increase of 700%.
The second is Playbux. As of 23:50 today, its coin price is 0.0074700 USD, with a 24-hour increase of 47.6%.
The third is Opus. As of 23:50 today, its coin price is 0.0067943 USD, showing a 24-hour increase of 38.8%.
In fourth place is ApolloX. As of 23:50 today, its coin price is 0.080780 USD, with a 24-hour rise of 38.5%.
In fifth place is Propchain. As of 23:50 today, its coin price is 0.71980 USD, increasing by 33.8% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
According to sosovalue, out of 16 sectors, 12 are up and 4 are down. Notably, Meme, $BTC, and AI sectors are worth mentioning.
Meme sector has risen 3.39% relative to the UTC 0 time, led by gains in NEIRO (700%), opus (39.6%), and fartcoin (24.7%).
$BTC sector has increased 2.63% relative to UTC 0, with $btc (2.63%) leading the rise.
AI sector has risen 2.62%, with opus (39.6%), fartcoin (24.7%), and tai (16.7%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:

According to Wu, GoPlus Security has officially launched the GPS repurchase plan. This plan is supported by Binance, and the team has successfully transferred frozen assets into the corporate account, which will be used to repurchase GPS tokens, along with a compensation scheme to support the healthy development of the market. GoPlus stated that it will announce the repurchase progress weekly, and all repurchased GPS will be sent to the burn address.

Next news:According to Wu, CZ first tested contract trading on-chain on March 24, trying out the user experience of the APX platform and paying attention to whether there is still MEV on-chain. He stated that he had never traded futures on centralized exchanges like Binance before, only having seen product demonstrations. Regarding the on-chain trading experience, he frankly admitted that it is still not as good as that of CEX, and questioned whether the design of having all positions and liquidation prices visible to everyone on-chain is reasonable, believing that this may violate the privacy that should be inherent in futures trading. He also mentioned that this was just a routine test conducted on Sunday, the test has concluded, and there is no need for excessive attention.
Next news:
Next news:

According to TechFlow, on March 23, Bounce Brand responded on the X platform regarding the recent price volatility that has captured market attention:

"It is important to clarify that the team has not participated in any form of price manipulation. Our monitoring indicates that over the past few weeks, an unknown entity has accumulated more than 20% of the total supply of AUCTION. These on-chain transfer activities and their resultant price effects have drawn widespread market attention. We have observed that this action has produced significant chain reactions in the market: the spot trading volume of AUCTION on Binance has surpassed $200 million, with the futures market jumping to become the third-largest trading pair, only after $BTC and ETH. On Upbit, the spot trading volume reached an astonishing level of $500 million, at one point exceeding the trading scale of Bitcoin.

At the same time, we have noticed some unhealthy liquidity conditions in the market: on Binance, which is the primary price discovery market, the hot wallet holdings of AUCTION have dropped to below 10% of the total supply. The annualized interest rate in the lending market has surged to over 80%, with the funding rate consistently maintaining an abnormal level of -2%. In response, several exchanges have implemented risk control measures, such as adjusting the position limits for perpetual contracts.

To maintain market stability, our team has taken proactive actions: on one hand, we are actively providing liquidity support on multiple exchanges, and on the other hand, we have voluntarily locked approximately 1.50 million AUCTION tokens from project inventory and team allocations."

Next news:Ryan Lee, the chief analyst at Bitget Research, stated that if Bitcoin fails to break through the psychological barrier of $85,000 this week, it may decline further next week. Lee pointed out that despite concerns over trade wars, a closing price above $85,000 this week would be crucial for restoring upward momentum. A closing price above this level could prevent a drop to $76,000 and send a strong signal, while $87,000 would provide a clearer bullish signal. Macroeconomic factors such as stable interest rates and cooling inflation support risk assets, but the closing price on Sunday will be decisive.
Next news:

Trump stated on his official Truth Social account: I love $TRUMP.

Next news:Fidelity Investments has filed for an OnChain U.S. Treasury Fund, marking its entry into the asset tokenization space. This move aligns with the growing trend of financial institutions exploring blockchain technology to enhance transparency and efficiency in asset management. The fund aims to leverage blockchain for improved tracking and management of U.S. Treasury securities.
Next news:Asia's weekly TOP10 crypto news (Mar 17 to Mar 23) Pakistan Considers Attracting Bitcoin Mining Enterprises to Consume Excess Electricity, China Needs to Promote its own Stablecoins, South Korean Financial Regulator Imposes a 0.6% Regulatory Fee on Crypto Exchanges and more https://t.co/XCQ8mWnLbW
Next news:Trump mentioned the official Trump memecoin on Truth Social, boosting its market value by $400 million. Although the price briefly surged and then retreated, trading volume reached its highest level since March. Trump referred to the token as "very cool" and indicated that he does not know much about it. The token's price rose from $10.91 to $12.11, before falling back to $11.46, with a total market cap increase of approximately $100 million. Meanwhile, the Melania Meme token has dropped about 4.8% in the past 24 hours.
Next news:

Odaily Planet Daily reported that according to @ai_9684xtpa monitoring, four hours ago, two Bounce Finance multi-signature addresses deposited a total of 1.55 million AUCTION tokens into Team Finance and locked them (accounting for 23.5% of circulating tokens), equivalent to approximately 37.73 million USD, locked until 2025.09.01.

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.