Due to the impact of large-scale token unlocks, SOSO faces significant short-term selling pressure, with its price likely to test the key $0.40 support level; heightened volatility is expected amid concurrent macro risks and liquidity disturbances. In the mid- to long-term, ongoing brand building and community operations will strengthen the project's value foundation, and a rebound in market risk appetite could set the stage for a subsequent recovery. In the short run, focus is advised on risk management and opportunities for bargain entry near the lows, while for the long-term, selective positioning is suggested with an emphasis on tracking supply dynamics and changes in macro sentiment.

According to on-chain data, around 15.82 million SOSO tokens will be unlocked on April 24, equivalent to more than ten times the current daily trading volume. This potential surge in supply could exert significant short-term selling pressure. Coupled with the recent price decline from $0.4411 on April 16 to $0.4169, this indicates the unlock expectation is being gradually priced in. If demand fails to keep pace, prices may test the support region around $0.40.

According to ChainCatcher and Web3 asset data platform RootData, SoSoValue (SOSO) will unlock approximately 15.82 million tokens valued at about 6.88 million USD on April 24 at 10:00 Beijing time.

RootData: SOSO will unlock tokens worth approximately $6.88M in one week.

The SOSO team has recently ramped up the release of Web3 market updates, covering market trends, Bitcoin ETF flows, sector rotations, and more. This frequent content output helps boost the project's visibility and community engagement, strengthening recognition of its long-term value. Although short-term price impact may be limited, sustained brand investment can pave the way for genuinely favorable developments in the future and help build strong entry and exit expectations.

SoSo Web3 Daily provides quick updates on crypto market highlights, including market trends, Bitcoin ETF flows, sector rotations, and curated industry insights to help you make informed investment decisions.

SoSo Web3 Newsletter | Apr 16

SoSo Web3 Daily provides quick updates on crypto market highlights, including market trends, Bitcoin ETF flows, sector rotations, and curated industry insights to help investors make informed decisions.

SoSo Web3 Newsletter | Apr 18

Bitcoin surged past its four-week high and approaches the critical $75,000 level, significantly improving market risk appetite. Against this backdrop, SOSO rose steadily from the $0.405 range in early April to a $0.4411 high on April 16, up more than 9%, reflecting positive correlation with major assets. However, if Bitcoin meets resistance and pulls back above $75,000, SOSO may also see a secondary correction in tandem.

Bitcoin has surpassed a four-week high, rising above $74,000. Analysts identify $75,000 as a critical "volatility release point," where derivative market negative gamma effects may amplify price fluctuations. This level coincides with Bitcoin's 100-day moving average, a key resistance in January. Breaking $75,000 could accelerate an uptrend, while a pullback may increase downward pressure. The $80,000–$80,600 range is a positive gamma zone with lower volatility, and the 200-day moving average at $87,519 serves as a long-term reference.

Analysis: Bitcoin breaks four-week high, key price range may intensify market volatility

Geopolitical tensions have pushed up oil prices and a strengthening US dollar has heightened risk aversion, dampening enthusiasm for high-risk assets. Although SOSO hasn't seen sharp declines recently, in the face of a shift toward cautious risk appetite, the dual effect of token unlock supply and macro risks is likely to increase short-term volatility. Investors should be wary of intensified swings and the risks arising from elevated volatility.

SoSoValue

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SoSoValue Price: SOSO Live Price Today | SOSO Market Cap & Chart Analysis | Bybit-eu

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SOSO price today is 0.41, with a live price change of -2.05 in the last 24 hours. Convert, buy, sell and trade SOSO on Bybit-eu.

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