# MAG7.ssi (MAG7.ssi)

> The SoSoValue Index Protocol is a cutting-edge spot index solution designed to make crypto investments simple and secured. SSI Protocol leverages on-chain smart contracts to repackage multi-chain, multi-asset portfolios into Wrapped Tokens (SSI). These tokens represent a basket of underlying assets, enabling Wrapped Tokens to track the value fluctuations of the spots basket, effectively achieving the effects of passive index investing.

MAG7.ssi carefully selected top 7 projects by market cap, with strong social consensus and ample liquidity. This product offers enhanced systematic beta returns from the crypto industry while providing high risk resistance.
The initial 10% equal weighting allocation provides sufficient weight to second-tier leaders outside of Bitcoin and Ethereum. Assuming the emergence of more $100 billion market cap tokens over the next 4 years, this structure helps investors secure foundational returns from the crypto industry while also offering the opportunity to capture excess returns from the rise of new industry leaders.
Monthly rebalance with a buffer setting ensures timely inclusion of emerging leaders while minimizing the transaction friction caused by frequent rebalancing. 

## Price Data

- **Current Price**: $0.52
- **Market Cap**: $88.75M
- **Fully Diluted Valuation**: $88.75M
- **Circulating Supply**: 169.47M MAG7.ssi
- **Total Supply**: 169.47M MAG7.ssi

## Price Changes

- **24h**: +0.01%
- **30d**: +0.06%
- **90d**: -0.22%
- **365d**: -0.26%

## Chain Availability

Available on: base

## Resources

- [Website](https://sosovalue.com/)
- [Coingecko](https://www.coingecko.com/en/coins/mag7-ssi)

## Links

- [View on Zerion](https://app.zerion.io/tokens/MAG7.ssi-bd780f13-3597-4fe3-a74d-c2e35e9a4136)
- [Trade on Zerion](https://app.zerion.io/tokens/MAG7.ssi-bd780f13-3597-4fe3-a74d-c2e35e9a4136)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset