Sonic’s 3.29% drop on 29% lower volume highlights waning coin buyer interest. It's a 2.88 billion circulating tokens limit that sudden supply shocks.
Bittensor’s peak near $334 triggered profit-taking, while renewed bids in the $320–$322 range signal an emerging support floor.
Quant’s brief break below $98 exposed $96.50–$97 as a key demand zone, underscoring strong resistance at $100 for near-term traders.
Altcoins like Sonic (SONIC), Bittensor (TAO), and Quant (QNT) have also portrayed different trading patterns in the last 24 hours. The price movement, the volume pattern of each token, and its circulation will provide insight into the possible entry and exit points. The subsequent discussion focuses on prominent on-chain and market signals as far as these three highest-ranking altcoins are concerned.
Sonic (SONIC) Trading Patterns and Market Metrics
SONIC fell 3.29% to $0.3026 on volume down 28.93% to $108 million. This figure represents 12.43% of its $871.5 million market capitalization. The decline in turnover coincided with a reduced volume-to-market-cap ratio, suggesting that large holders may be pausing trading activity.
Intraday price action began with a surge from approximately $0.313 to $0.322 in early trading. A sharp sell-off then pushed the price into the $0.305 range by mid-morning. Sideways movement persisted through midday before renewed selling pressure drove SONIC briefly below $0.300. Circulating supply stands at 2.88 billion out of a total 3.17 billion tokens, indicating limited scope for sudden supply shocks.
Bittensor (TAO) Volatility Highlights Profit-Taking
Bittensor(TAO) opened near $323.72 and rallied to $334.00 before reversing into a low around $315.00, ultimately closing at $324.30, up 0.40%. Trading volume declined 11.95% to $157 million, about 5.44% of its $2.88 billion market cap. The drop in volume underscores a lack of strong follow-through after afternoon losses.
Price swings around the $330 level point to active profit-taking among holders. Support emerged in the $320–$322 zone, where buying interest returned late in the session. All 8.9 million TAO tokens are in circulation out of a maximum 21 million, meaning token unlocks are unlikely to impact near-term liquidity.
Quant (QNT) Resistance and Support Zones
Quant’s QNT slipped 0.99% to $96.99 on volume up 7.65% to $14.47 million, or 1.24% of its $1.17 billion market capitalization. The token rallied above $101.00 in two morning spikes before reversing into midday declines below $98.00.
sellers increased around the area of 98.00, pushing QNT to the new low of the session around 96.50. The minor bounce to the close provided a basis of support at the levels of about $96.50/97.00. Having 12.07 million circulating tokens with 14.88 million maximum supply, these figures can guide traders who are seeking short term buy and sell positions.