SoSo Daily Jul 9 | pump.fun will officially launch its token public sale on July 12th, with a $4.0 billion valuation and $600 million in financing.

SoSo NewsletterJul 9, 2025
#Crypto Stocks $BTC$ETH$MAG7.SSI

Crypto Market Update

Let's turn our attention to today's overall Crypto market situation.
As of 5:59 PM Hong Kong time on July 9, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.46 trillion US dollars, witnessing a decrease of 2.25% compared to yesterday; the total trading volume is 90.70 billion US dollars, marking an increase of 9.59% from the previous day.



According to sosovalue, the price of $BTC is 109,180 USD, an increase of 0.178% from yesterday. The market cap of $BTC is 2.17 trillion USD, accounting for 62.7% of the total market cap; $BTC's 24-hour trading volume is 23.57 billion USD, making up 26% of the total trading volume.
The price of $ETH is 2,662.6 USD, up 1.76% from yesterday; the market cap of $ETH is 321.42 billion USD, representing 9.28% of the total market cap; $ETH's 24-hour trading volume is 18.48 billion USD, comprising 20.4% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 71.98% of the total cryptocurrency market cap, and their combined trading volumes constitute 46.4% 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 17:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Tanssi. As of 17:50 today, its market cap is 8.77M, with a coin price of 0.057306 USD, witnessing a 24-hour increase of 1050%.
The second is MemeCore. As of 17:50 today, its coin price is 0.27514 USD, with a 24-hour increase of 37.3%.
The third is CROSS. As of 17:50 today, its coin price is 0.10262 USD, showing a 24-hour increase of 36.7%.
In fourth place is Useless Coin. As of 17:50 today, its coin price is 0.29540 USD, with a 24-hour rise of 29.6%.
In fifth place is Unifi Protocol DAO. As of 17:50 today, its coin price is 0.19100 USD, increasing by 27.3% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
Acccording to sosovalue, out of 15 sectors, 15 are up and 1 is down. Notably, PayFi and GameFi sectors are worth mentioning.
PayFi sector has risen 3.16% relative to the UTC 0 time, led by gains in XLM (11.4%), KTA (8.45%), and VELO (4.69%).
GameFi sector has increased 2.23% relative to UTC 0, with CROSS (34.6%), MAGIC (19%), and MAVIA (16.3%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:On July 9, according to Cointelegraph, Bybit platform information shows that the platform will officially launch the pump.fun native token $PUMP public sale on July 12, 2025, at 22:00. This sale will offer 150,000,000,000 tokens at a price of 0.004 USDT, accounting for 15% of the total supply (1,000,000,000,000 tokens). This implies a valuation of $4 billion and a financing of $600 million. [BlockBeats]
Next news:According to the official disclosure of Swedish listed company H100 Group, the company has raised an additional 516.00 million Swedish Krona (approximately $54.00 million USD) through the execution of the sixth and seventh rounds of financing. The funds will be used for investment opportunities within the company's Bitcoin reserve strategic framework. These two rounds of financing were initially announced on June 16. To date, H100 Group's cumulative fundraising has increased to 921.00 million Swedish Krona ($96.00 million USD). [Foresight News]
Next news:On July 9th, Binance announced the launch of its 26th HODLer airdrop project, Lagrange ($LA), which focuses on using ZK proof technology to verify AI, bringing trust and security to the AI-driven world. The airdrop will target users who subscribe to BNB to Simple Earn or On-Chain Yields products between June 22nd and 25th, 2025, distributing a total of 15,000,000 $LA (1.5% of the total genesis supply).
$LA tokens will begin trading on Binance on July 9th, 2025, at 15:00 (UTC), supporting USDT, USDC, BNB, FDUSD, and TRY trading pairs. [Deep Tide TechFlow]
Next news:Japanese listed company Remixpoint announced that it has raised approximately 31.5 billion yen (approximately $215.00 million) through financing and plans to use all the funds to purchase Bitcoin. The company currently holds 1,051 $BTC, and its near-term goal is to increase its holdings to 3,000. [Foresight News]
Next news:On July 9th, cryptocurrency exchange Kraken and tokenized stock issuance platform Backed announced a strategic partnership with leading global blockchain BNB Chain today. Through this collaboration, BNB Chain joins the rapidly expanding xStocks alliance, further accelerating global users' access to on-chain tokenized U.S. stocks. In the coming weeks, Kraken will allow eligible customers to deposit and withdraw xStocks on its platform via BNB Chain.

As part of the collaboration, Backed will deploy xStocks on BNB Chain in the form of BEP-20 tokens, enabling users to seamlessly access tokenized assets of U.S. stocks and ETFs. This includes assets such as AAPLx, TSLAx, SPYx, and NVDAx. By expanding to BNB Chain, xStocks continues to fulfill its mission of meeting demand where users are, bringing traditional equity on-chain, and opening up access for underserved markets globally.

BNB Chain was selected for its high performance, low transaction fees, and leading on-chain activity. With a TVL of approximately $10.00 billion and one of the most active Web3 user communities, it provides a solid foundation for expanding the adoption of tokenized assets. Kraken, Backed, and BNB Chain are jointly committed to popularizing investment by enabling 24/7 global exposure to the U.S. stock market. [BlockBeats]
Next news:Ripple announced that it has chosen Bank of New York Mellon (BNY) as the custodian for RLUSD reserves, after RLUSD's size exceeded $500 million. [Foresight News]
Next news:On July 9th, market news reported that GMX was suspected of being hacked 40 minutes ago, resulting in a loss of $40,000,000. [Deep Tide TechFlow]
Next news:

On July 9, according to Lookonchain monitoring, a whale holding at least 155,837 $ETH (approximately $408.00 million) is selling ETH.


Three addresses possibly related to Arthapala unstaked and withdrew 155,837 $ETH, and then began depositing $ETH to trading platforms on June 10. So far, 120,918 $ETH (approximately $317.00 million) have been sent to trading platforms, with the remaining 34,919 $ETH (approximately $91.60 million).

[BlockBeats]
Next news:Binance Alpha and Binance Futures will list $Tanssi Network ($TANSSI). $Tanssi Network ($TANSSI) trading will open on the Binance Alpha testnet on 2025-07-09 19:05 (UTC). In addition, Binance Futures will also launch the TANSSIUSDT perpetual contract on 2025-07-09 19:30 (UTC), with leverage up to 50x. [Foresight News]
Next news:Binance founder Changpeng Zhao responded on social media to the question of "whether BNB will join the treasury reserve," saying that he heard that more than 30 teams want to launch BNB treasury-related Public Co. projects. [ChainCatcher]

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.

All You Need to Know in 10s
Your One-Stop Crypto Investment Powerhouse

SoSo Daily Jul 9 | pump.fun will officially launch its token public sale on July 12th, with a $4.0 billion valuation and $600 million in financing.

SoSo NewsletterJul 9, 2025
#Crypto Stocks $BTC$ETH$MAG7.SSI

Crypto Market Update

Let's turn our attention to today's overall Crypto market situation.
As of 5:59 PM Hong Kong time on July 9, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.46 trillion US dollars, witnessing a decrease of 2.25% compared to yesterday; the total trading volume is 90.70 billion US dollars, marking an increase of 9.59% from the previous day.



According to sosovalue, the price of BTC is 109,180 USD, an increase of 0.178% from yesterday. The market cap of BTC is 2.17 trillion USD, accounting for 62.7% of the total market cap; BTC's 24-hour trading volume is 23.57 billion USD, making up 26% of the total trading volume.
The price of ETH is 2,662.6 USD, up 1.76% from yesterday; the market cap of ETH is 321.42 billion USD, representing 9.28% of the total market cap; ETH's 24-hour trading volume is 18.48 billion USD, comprising 20.4% of the total trading volume.
The combined market capitalization of BTC and ETH accounts for 71.98% of the total cryptocurrency market cap, and their combined trading volumes constitute 46.4% 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 17:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Tanssi. As of 17:50 today, its market cap is 8.77M, with a coin price of 0.057306 USD, witnessing a 24-hour increase of 1050%.
The second is MemeCore. As of 17:50 today, its coin price is 0.27514 USD, with a 24-hour increase of 37.3%.
The third is CROSS. As of 17:50 today, its coin price is 0.10262 USD, showing a 24-hour increase of 36.7%.
In fourth place is Useless Coin. As of 17:50 today, its coin price is 0.29540 USD, with a 24-hour rise of 29.6%.
In fifth place is Unifi Protocol DAO. As of 17:50 today, its coin price is 0.19100 USD, increasing by 27.3% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
Acccording to sosovalue, out of 15 sectors, 15 are up and 1 is down. Notably, PayFi and GameFi sectors are worth mentioning.
PayFi sector has risen 3.16% relative to the UTC 0 time, led by gains in XLM (11.4%), KTA (8.45%), and VELO (4.69%).
GameFi sector has increased 2.23% relative to UTC 0, with CROSS (34.6%), MAGIC (19%), and MAVIA (16.3%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:On July 9, according to Cointelegraph, Bybit platform information shows that the platform will officially launch the pump.fun native token PUMP public sale on July 12, 2025, at 22:00. This sale will offer 150,000,000,000 tokens at a price of 0.004 USDT, accounting for 15% of the total supply (1,000,000,000,000 tokens). This implies a valuation of $4 billion and a financing of $600 million. [BlockBeats]
Next news:According to the official disclosure of Swedish listed company H100 Group, the company has raised an additional 516.00 million Swedish Krona (approximately $54.00 million USD) through the execution of the sixth and seventh rounds of financing. The funds will be used for investment opportunities within the company's Bitcoin reserve strategic framework. These two rounds of financing were initially announced on June 16. To date, H100 Group's cumulative fundraising has increased to 921.00 million Swedish Krona ($96.00 million USD). [Foresight News]
Next news:On July 9th, Binance announced the launch of its 26th HODLer airdrop project, Lagrange (LA), which focuses on using ZK proof technology to verify AI, bringing trust and security to the AI-driven world. The airdrop will target users who subscribe to BNB to Simple Earn or On-Chain Yields products between June 22nd and 25th, 2025, distributing a total of 15,000,000 LA (1.5% of the total genesis supply).
LA tokens will begin trading on Binance on July 9th, 2025, at 15:00 (UTC), supporting USDT, USDC, BNB, FDUSD, and TRY trading pairs. [Deep Tide TechFlow]
Next news:Japanese listed company Remixpoint announced that it has raised approximately 31.5 billion yen (approximately $215.00 million) through financing and plans to use all the funds to purchase Bitcoin. The company currently holds 1,051 BTC, and its near-term goal is to increase its holdings to 3,000. [Foresight News]
Next news:On July 9th, cryptocurrency exchange Kraken and tokenized stock issuance platform Backed announced a strategic partnership with leading global blockchain BNB Chain today. Through this collaboration, BNB Chain joins the rapidly expanding xStocks alliance, further accelerating global users' access to on-chain tokenized U.S. stocks. In the coming weeks, Kraken will allow eligible customers to deposit and withdraw xStocks on its platform via BNB Chain.

As part of the collaboration, Backed will deploy xStocks on BNB Chain in the form of BEP-20 tokens, enabling users to seamlessly access tokenized assets of U.S. stocks and ETFs. This includes assets such as AAPLx, TSLAx, SPYx, and NVDAx. By expanding to BNB Chain, xStocks continues to fulfill its mission of meeting demand where users are, bringing traditional equity on-chain, and opening up access for underserved markets globally.

BNB Chain was selected for its high performance, low transaction fees, and leading on-chain activity. With a TVL of approximately $10.00 billion and one of the most active Web3 user communities, it provides a solid foundation for expanding the adoption of tokenized assets. Kraken, Backed, and BNB Chain are jointly committed to popularizing investment by enabling 24/7 global exposure to the U.S. stock market. [BlockBeats]
Next news:Ripple announced that it has chosen Bank of New York Mellon (BNY) as the custodian for RLUSD reserves, after RLUSD's size exceeded $500 million. [Foresight News]
Next news:On July 9th, market news reported that GMX was suspected of being hacked 40 minutes ago, resulting in a loss of $40,000,000. [Deep Tide TechFlow]
Next news:

On July 9, according to Lookonchain monitoring, a whale holding at least 155,837 ETH (approximately $408.00 million) is selling ETH.


Three addresses possibly related to Arthapala unstaked and withdrew 155,837 ETH, and then began depositing ETH to trading platforms on June 10. So far, 120,918 ETH (approximately $317.00 million) have been sent to trading platforms, with the remaining 34,919 ETH (approximately $91.60 million).

[BlockBeats]
Next news:Binance Alpha and Binance Futures will list Tanssi Network (TANSSI). Tanssi Network (TANSSI) trading will open on the Binance Alpha testnet on 2025-07-09 19:05 (UTC). In addition, Binance Futures will also launch the TANSSIUSDT perpetual contract on 2025-07-09 19:30 (UTC), with leverage up to 50x. [Foresight News]
Next news:Binance founder Changpeng Zhao responded on social media to the question of "whether BNB will join the treasury reserve," saying that he heard that more than 30 teams want to launch BNB treasury-related Public Co. projects. [ChainCatcher]

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.

Scan QR Code to Explore more key information
One-stop financial research platform for Crypto Investors