AndreCronje

$S Personally really would like to see all of you who long S get liquidated. To wake you up and sell this scamcoin by #Andrecronje the scamboy.

Both $S and $VELODROME by #Andrecronje Then check $AERO a spinoff from Velodrome by BASE. What do you see in their price actions of late? Surely you are capable enough to draw your own conclusion. 🤷‍♂️

For all the L2/appchains out there, below the true cost of running a (even semi successful) blockchain (all USD Mio.);

#Oracles , #Stablecoins : 7.5 upfront, 3.5 annual
RPCs, Indexing, Dashboards: 0.2 upfront, 0.7 annual
VRFs, Keepers, Wallet-Support, Governance: 0.5 annual
Explorers, Custody, Risk management: 0.8 annual

Total: 13.2

The above is just for Sonic. Here are our cost centers for the last year;

R&D: 10.9
Eco: 10.7
Legal: 4.1
Compliance: 3.8
Infra: 2.4
Marketing: 1.4
Bounties: 1.2
Sponsorship: 0.4
Media: 0.35
Regulatory: 0.2
Events: 0.1

Total: 35.6

(The above does not include exchange listings, which fortunately, we did not need to do this year) - #andrecronje

$FTM $VELODROME One of the projects founded by #Andrecronje got listed on Binance not long ago. Look at the price action, it is so similar to FTM. $S will have the same fate(?). -NFA/DYOR-

#andrecronje is now building on #SONIC a layer-1 platform with a secure gateway to #Ethereum and provides the fastest settlement layer for digital assets with over 10,000 TPS and has a one-second confirmation time for transactions. The ecosystem will be supported by a massive incentive program.
The native token of the Sonic chain will be S, introducing numerous exciting changes compared to the $FTM

token of our existing Opera chain, such as a massive #airdrop , simplified staking, incentive programs, and more.
The launch of Sonic is scheduled for November/December 2024.

$S price keeps going downward. Confusion of that $SONIC is this $S by Sonic? Therefore, no volume and no OI? What a retarded team. #Andrecronje

S stats
Price : 0.7786
Chg 24h % : -3.37%
Market Cap : 2.5B
Volume 24h : 96.7M
Funding Rate % : +0.0075%
Predicted FR % : +0.0075%
Open Interest : 14.9M
OI Chg 4h % : -0.42%
OI Chg 24h % : +39.20%
Liqs. 24h : 723.3K
Long Liqs. 24h : 560.9K
Short Liqs 24h : 162.4K

Spring afternoon lightly picked $S this yesterday #Andrecronje tweet project #SONIC seems to be about to have good news!

$S Dodgy scam boy in action. #Andrecronje According to DeFiLlama, the stablecoin scale of the Sonic supported by Andre Cronje has increased by 106% to $252 million in the past 7 days, making it one of the L1s with the largest stablecoin growth, of which USDC accounts for 77.21%. However, $195 million worth of stablecoins are Bridged stablecoins.

$S What did i tell you about $S and $VELODROME ? similar price action going down and down till $0.20. Both projects are co-founded by #Andrecronje -NFA DYOR-

As a responsible poster I told you this. Others over BSquare pushed you to buy saying it is the bottom, $S going to Mars. But now we get another new low a drop of -10%, only memes could do that type of drop not a coin with fundamentals. #Shitcoins #Scamcoin #Andrecronje #michealkong

$S holders 😭😭😭😭😭😭😭

big scaming $FTM to $S

#SonicLabs
#andrecronje

#andrecronje explains that technological evolution happens in stages, with both social and technical events playing key roles. They use the internet and #blockchain as examples, noting how developments like the ICO bubble in 2017 were necessary for decentralized finance ( #DEFİ ) to emerge.
Looking ahead, #SONIC by #SonicLabs is introduced as a blockchain solution overcoming current limitations with features like low-latency consensus, true finality, gas subsidies, and native account abstraction, paving the way for more advanced decentralized apps (dapps). Sonic will also enable privacy-preserving, on-chain credit scores, unlocking a potential $11 trillion market for DeFi developers.

$S $SONIC Embarrassing, isn't it?
#Andrecronje

$S Decreasing volume and OI. Many thought the Solana $SONIC is the Sonic $S by FTM. This is the consequences for waiting for too long to launch the mainnet, besides FTM was copying that name otherwise why can't the issue cease and decease to Solana and take the ticker back? There you go, simply a rubbish team with a rubbish plan and coins such as $VELODROME #Andrecronje

Look at the stats here:-
Price : 0.7846
Chg 24h % : -0.35%
Market Cap : 2.5B
Volume 24h : 102.3M
Funding Rate % : +0.0075%
Predicted FR % : +0.0075%
Open Interest : 15.8M
OI Chg 4h % : +5.10%
OI Chg 24h % : +40.10%
Liqs. 24h : 643.6K
Long Liqs. 24h : 508.8K
Short Liqs 24h : 134.8K

$S to $0.10 if #andrecronje and #michealkong are lucky. Otherwise, $0.01.
Trump family project World Liberty Financial once again uses USDC to purchase $ONDO. Ondo Finance also announced the launch of Ondo Chain, a permissioned Layer 1 blockchain designed for institutional finance to promote the tokenization of real world assets (RWA).

$S The whole reason for this rebranding has nothing to do with new innovation but to change the tokenomics to continue to rug you. It is that simple. Don't think so highly of #Andrecronje and #michealkong

$FTM -> $S From $9 to $0.65 you guessed it right it did go to $9 but you couldn't reap that. Looks similar to #Andrecronje velodrome isn't it? hahaha!!!!

Want to have a big wallet?

Hold $YFI and $S , two projects by Andre Cronje, defi guru. Since this is the defi cycle you can't not have these 2 coins....
#Andrecronje #defi
#followme for #signals


DYOR

$FTM It is all over. This is it, from FTM to a confusing ticker Sonic by the same name of Solana's and in #Andrecronje and #michealkong right minds they rebranded FTM to someone else's pet project. Luckily, Solana didn't rebrand itself to FTM with ticker $F. This is how stupid the Fantom Foundation and team are. -NFA/DYOR-

$S Let us sell and dissert this coin to let it die and never rise again. Our only punishment to this #Andrecronje team. -NFA DYOR-