What is the price of Sosovalue token SOSO, and where can I buy SOSO?
According to the market data of Gate.io, at 18:30 on January 24th, Beijing time, Sosovalue platform token SOSO was first launched on the Gate.io platform. The opening price of SOSO on Gate.io was $0.198, reaching a high of $1.036, with a maximum increase of 420%. As of the time of writing, SOSO is priced at $0.848, with a 24-hour increase narrowed to 340%.
What is Sosovalue?
According to the official introduction, SoSoValue is an AI-based cryptocurrency investment and research platform that combines on-chain asset management and information analysis tools, similar to on-chain BlackRock and AI-version Bloomberg terminals. It provides investors with accurate, timely, and easy-to-understand market insights through advanced AI technology and data analysis, helping users make better decisions in complex markets.
SoSoValue completed a Series A financing of $15 million by the end of 2024, with investors including Sequoia China, Mirana, and other well-known investment institutions, with a valuation of $200 million.
Sosovalue Product Highlights:
SoSoValue will launch the on-chain spot index protocol (SSI) in early 2025. The protocol combines the efficiency of centralized finance (CeFi) with the transparency of decentralized finance (DeFi), providing users with actionable investment insights and simplified portfolio management. The SSI protocol enables investors to hold a variety of cryptocurrencies with low thresholds by purchasing index tokens such as MAG7.ssi and USSI, and is secured by trusted third parties Cobo and Ceffu.
The platform also provides AI-driven research and analysis tools. Sosovalue uses AI technology to process a large amount of encrypted data, including market trends, on-chain data, and social sentiment. It analyzes and interprets this data using machine learning algorithms to present it in an intuitive way; and uses large language models to classify, tag, translate, and summarize information, ensuring high accuracy. This allows investors to quickly find relevant insights and stay informed of key changes.
According to Jiva Kwan, co-founder of Sosovalue, these tools are designed to address the main challenges faced by cryptocurrency investors, such as information overload, volatility, and excessive technicality of crypto assets. Multi-indicator comparison allows users to uate assets based on multiple factors simultaneously, real-time charts provide the latest data to track market trends, and on-chain tracking provides transparency into actual transactions and activities on the blockchain. These features combined provide users with a comprehensive perspective to support better trading decisions.
SOSO Token Economics
SOSO Token is the platform token of Sosovalue, issued on the Ethereum blockchain with a total supply of 1 billion. According to the market data from Gate.io, the current circulating supply of SOSO is only 70.5 million, accounting for 7.05% of the total supply. The current circulating market cap of SOSO is $48.4 million, ranking 657th in the market.
Token Distribution
According to the official website, the token distribution of SOSO is as follows: 33% goes to core contributors, 3.5% goes to partners, 17% goes to the foundation, 30% goes to the Sosovalue eco and airdrops, and 16.5% goes to early investors. The following is the detailed distribution table of SOSO tokens:
Token Unlock
The earliest SOSO token unlock from the current time point will be on February 24, 2025, with 6.65 million SOSO tokens unlocked on that day. Below is the full unlock schedule for SOSO tokens:
SOSO Token Future Outlook
Overall, the future prospects of SOSO Token are closely related to the development of the SoSoValue platform. The platform’s technological innovation, strong financing support, and unique market positioning give SOSO Token the potential for long-term growth. However, market volatility and the pace of token supply unlocking may also affect the short term. Price trend Investors should pay attention to the platform’s development progress, user growth, and the unlocking situation of SOSO tokens in order to make wiser investment decisions.
