$USDC Sonic ($S) has recently faced a downturn due to a mix of market sentiment and project-specific factors. Broader crypto market corrections have led many investors to sell off smaller, high-risk tokens like Sonic to secure profits or cut losses. Additionally, a lack of major updates or partnerships has made some holders doubt the project’s short-term growth potential. Speculative hype that previously drove prices up has cooled, causing a natural pullback. Rumors of large holders (whales) offloading tokens have also added to selling pressure. Despite the drop, some investors see this as a healthy correction and a chance to accumulate at lower prices, hoping for future utility and ecosystem expansion.

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