The SoSoValue index fund token MAG7.ssi covers 5 crypto assets of Trump's US national reserves, and it has risen over 18% within two hours

After Trump announced the advancement of cryptocurrency strategic reserves, including BTC, ETH, XRP, SOL and ADA, SoSoValue's index token MAG7.ssi increased by more than 18% within the past two hours. The MAG7.ssi index token issued on the Base chain covers the top seven cryptocurrencies in market value, including the five tokens mentioned by Trump. Among them, the price of XRP in the index briefly rose 32%, ADA briefly rose 67%, and drove up the rise of index fund token MAG7.ssi.
Currently, SoSoValue's index token MAG7.ssi has a TVL (Total Value Locked) of $153 million USD with a total holder count of 162522. Meanwhile affected by this news sosovalue platform’s SOSO token surged over 15% within an hour.