SoSo Daily Jun 2 | The TON mainnet temporarily paused block production, and the official team urgently repaired and resumed operations.
Crypto Market Update
Let's turn our attention to today's overall Crypto market situation.
As of 2 PM Hong Kong time on June 2, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.42 trillion US dollars, witnessing a decrease of 1.25% compared to yesterday; the total trading volume is 72.80 billion US dollars, marking a decline of 20.7% from the previous day.
Cryptocurrency Market Update - June 2, 2025
According to sosovalue, the price of $BTC is 105,630 USD, an increase of 0.969% from yesterday. The market cap of $BTC is 2.10 trillion USD, accounting for 61.3% of the total market cap; $BTC's 24-hour trading volume is 17.43 billion USD, making up 23.9% of the total trading volume.
The price of $ETH is 2,538.6 USD, up 0.416% from yesterday; the market cap of $ETH is 306.47 billion USD, representing 8.95% of the total market cap; $ETH's 24-hour trading volume is 11.30 billion USD, comprising 15.5% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 70.25% of the total cryptocurrency market cap, and their combined trading volumes constitute 39.4% of the total trading volume.
As of 00:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Galaxia (GXA). As of 00:00 today, its market cap is 7.63M USD, with a coin price of 0.0025845 USD, witnessing a 24-hour increase of 49.9%.
The second is UX Chain (UMEE). As of 00:00 today, its coin price is 0.00029940 USD, with a 24-hour increase of 48.9%.
The third is Assister AI (ASRR). As of 00:00 today, its coin price is 0.39490 USD, showing a 24-hour increase of 46.8%.
In fourth place is Mask Network (MASK). As of 00:00 today, its coin price is 2.7030 USD, with a 24-hour rise of 31.7%.
In fifth place is Keeta (KTA). As of 00:00 today, its coin price is 0.95697 USD, increasing by 30% over the last 24 hours.
Acccording to sosovalue, out of 16 sectors, all 16 are up and 0 are down. Notably, NFT, RWA, and SocialFi sectors are worth mentioning.
NFT sector has risen 3.88% relative to the UTC 0 time, led by gains in PFVS (13.3%), DOOD (11.9%), and ANIME (11.5%).
RWA sector has increased 2.43% relative to UTC 0, with KTA (30.4%), om (4.46%), and hifi (3.63%) leading the rise.
SocialFi sector has risen 2.2%, with mask (32.2%), berry (15%), and gft (10.1%) leading the rise.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Wu said that TON officials stated the TON mainnet has currently returned to normal operation through a rapid repair solution, completing the fix by updating only a small number of mainchain validator nodes. Previously, block production was suspended due to an error in processing the masterchain distribution queue. The TON core team announced that a technical report on this incident will be released soon.
Next news:FLOCK has surged over 80% in the past 24 hours, currently trading at 0.21 USDT.
Next news:The South Korean National Assembly is reviewing the Tokenized Securities Legislation Bill, which is expected to be passed after the presidential election.
Next news:A whale that repeatedly went long on $ETH has once again purchased approximately 4.99 million USD worth of ETH.
Next news:Foresight News, Beijing time, the evening of June 1st: Justin Sun, global advisor of Huobi HTX, engaged in a live broadcast discussion on Huobi with contract whale James Wynn, former professional Muay Thai fighter and businessman Andrew Tate, and the Meme project Moonpig team. The conversation focused on future trends in the Meme ecosystem and the development direction of exchanges. Regarding project selection, Justin Sun stated, "I value passion, resonance, and communities that have a narrative and soul behind them, especially those truly decentralized and user-led projects. My goal has always been clear: to enable users to complete transactions more quickly and easily, lower the barriers to use, and improve the various pain points existing in current trading platforms. I hope to build a more humane, fairer, and freer trading experience."
Next news:
According to TechFlow by Shenchao, on June 1st, Michael Saylor once again released Tracker information, possibly disclosing $BTC accumulation information next week. He stated: "Orange is my favorite color."
Next news:
According to TechFlow, on June 1, Cointelegraph reported that Czech Justice Minister Pavel Blazek resigned on May 30 amid controversy over his department's sale of Bitcoin donated by a convicted criminal.
The Ministry of Justice previously announced on social platform X that it raised about 1 billion Czech koruna (approximately 45 million USD) by auctioning nearly 500 Bitcoins. These Bitcoins originated from Tomas Jirikovsky, the convicted operator of the dark web platform Sheep Marketplace.
In March this year, Jirikovsky's lawyer proposed donating one-third of the Bitcoins to Blazek, who accepted the donation without thoroughly investigating the source of the funds. The police have now launched an investigation into the origin of these Bitcoins.
Next news:
According to TechFlow, on June 1, Moonshot Listings reported that Moonshot has listed LOUD, with a current market capitalization of approximately 11.40 million USD.
Next news:
According to TechFlow, on June 1st, HTX market data showed that $ETH broke through $2,500, currently priced at $2,504.48 per token, down 1.23% intraday.
Next news:A new address invested only 76.5 USD to buy WOOF, seizing the opportunity of the "fat finger" manipulation to profit 62 thousand USDT.
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.