SoSo Daily Jun 15 | Joseph Lubin Responds to MetaMask Token Issue: Multiple Protocols Will Issue Tokens, LINEA to Launch First

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 $Unio Coin. As of 00:00 today, its market cap is 318.89K, with a $coin price of 0.00055290 USD, witnessing a 24-hour increase of 361%.
The second is Voyager VGX. As of 00:00 today, its $coin price is 0.0047290 USD, with a 24-hour increase of 46.5%.
The third is Cross The Ages. As of 00:00 today, its $coin price is 0.049510 USD, showing a 24-hour increase of 46.3%.
In fourth place is MEET48. As of 00:00 today, its $coin price is 0.016990 USD, with a 24-hour rise of 34.1%.
In fifth place is LootBot. As of 00:00 today, its $coin price is 0.0025440 USD, increasing by 31.4% 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, 1 is up and 15 are down. Notably, RWA, DeFi, and AI sectors are worth mentioning.
RWA sector has fallen 2.69% relative to the UTC 0 time, led by declines in KTA (-16.4%), Usual (-7.06%), and smt (-6.7%).
DeFi sector has decreased 2.94% relative to UTC 0, with DAPP (-17.1%), RAFT (-14.6%), and vrtx (-11%) leading the drop.
AI sector has fallen 3.02%, with VVV (-13.5%), DTEC (-12.7%), and MAI (-11.3%) leading the decline.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Joseph Lubin responded to the MetaMask token issue, noting that multiple protocols plan to issue tokens, with LINEA set to launch first.
Next news:According to ChainCatcher, data from Cloverpool shows that Bitcoin mining difficulty underwent an adjustment at block height 901,152 (09:46:44 Beijing time today), with mining difficulty decreasing by 0.45% to 126.41 trillion; the current average network hashrate over the past seven days is 931.92 EH/s.
Next news:

Foresight News reports that the decentralized finance platform Synthetix announced it will gradually phase out all of its Layer-2 deployments on the Base network by July 7, 2025, refocusing on the Ethereum mainnet, and will disable Base trading and close the LP treasury. This plan will be implemented in stages.

Next news:

Odaily Planet Daily reports that according to on-chain data, a wallet address that has been inactive since the Ethereum ICO in 2015 was activated today, having been dormant for approximately 9.9 years.

The address currently holds 2,000 $ETH, valued at about 5.06 million USD at the current price, whereas it was worth only around 620 USD back then.

This time, the address transferred out only two transactions of 0.001 $ETH each, with the specific purpose unknown.

Next news:

According to ChainCatcher, Binance will update the portfolio margin collateral rates for certain assets at 06:00 (UTC) on June 20, 2025, and will update the leverage and margin tiers for BTCUSDT and other USD-M perpetual contracts on June 17 and 20 respectively. The specific adjustments are as follows:

• Collateral rate adjustments: The collateral rates for multiple assets have decreased, for example, Diode (DID) was adjusted from 70% to 60%, and AR was adjusted from 65% to 55%.
• Leverage and margin tier adjustments: The leverage tier for BTCUSDT perpetual contracts remains at 101-125x, but the position limit increased from 50,000 USDT to 300,000 USDT. Similar adjustments were made for other perpetual contracts such as XRPUSDT, DOGEUSDT, and 1000BONKUSDC.

Users should note that existing positions opened before the update will be affected, and contract operation grids may become invalid due to the updates in leverage and margin tiers. It is recommended that users make corresponding adjustments before the changes take effect.

Next news:The Echo team issued a statement saying that user funds are secure, but the official X account was hacked.
Next news:ChainCatcher news, according to CNBC, Philippe Laffont, founder of hedge fund giant Coatue Management, stated at the Coinbase Cryptocurrency Summit in New York that although investors may have been deterred by Bitcoin's early volatility, Bitcoin's volatility has decreased over time, which means the cost of investing in Bitcoin is declining. The acceptance of Bitcoin by institutional investors is also a sign of the maturity of cryptocurrencies.

In addition, the number of Bitcoin wallets that hold cryptocurrency for at least one month and then sell all has significantly decreased, indicating that investors are holding cryptocurrencies long-term rather than trading. Of course, at this stage, Bitcoin still accounts for a very small proportion of global net assets (about 2 trillion out of 500 trillion). If Bitcoin is seen as a value asset by more people, it must become a more core asset in the investment portfolio. For investors who value Bitcoin, Philippe Laffont advises not to let Bitcoin occupy too large a proportion of the portfolio to the extent that it becomes the driving factor of the portfolio.
Next news:Odaily Planet Daily News: According to official information, Spark announced that the first phase of the Ignition airdrop plan is about to open for claims, and the eligibility check has already been launched.
Next news:

Foresight News reports that, according to Lianhe Zaobao, the Singapore Police Force announced that its Anti-Scam Command collaborated with the cryptocurrency platform StraitsX to conduct a joint enforcement operation from May 13 to 30, targeting money laundering activities using cryptocurrencies.

During the operation, the police seized over 200 thousand SGD in cash. Thirty-five men and fourteen women, aged between 18 and 58, are assisting with the investigation.

Next news:

ChainCatcher news, according to CoinDesk, Brazil has canceled its long-standing tax exemption policy on cryptocurrency gains. According to the new provisional decree (Decree No. 1303), individual cryptocurrency profits will be uniformly taxed at a rate of 17.5%.

Previously, individuals selling cryptocurrency worth no more than 35 thousand Brazilian reais (approximately 6,300 USD) per month were exempt from tax. Before this change, gains exceeding this limit were subject to a progressive tax rate, with a maximum rate of 22.5% applied to transaction amounts exceeding 5.40 million USD.

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.