On January 25th, COINOTAG News reported that Gate.io Launchpool has initiated SoSoValue (SOSO) mining, offering a substantial reward pool of 1,000,000 SOSO tokens. As of 10:30 AM (UTC+8), participation for staking has surged, exceeding 30,000 individuals, with total USDT staked approaching the impressive mark of 40 million. Additionally, over 3 million GT tokens have been staked, showcasing robust investor engagement.
In trading activity, GT reached a peak of $25.960 within the last 24 hours, marking a significant high before settling at $24.997—an impressive gain of 8.63%. Analysts note that the ongoing increase in participation correlates with the enhanced mining rewards for SOSO, solidifying its position in the competitive landscape. Furthermore, the introduction of MAG7.ssi on the same day promises to enrich the staking environment—participants can earn a potential 50,510 MAG7SSI tokens by staking SOSO. This scheme features low entry thresholds, facilitating user access to valuable tokens and optimizing the investment landscape.