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Hold onto your seats, crypto enthusiasts! $SOMI , the native token of Somnia, has skyrocketed nearly 100% in just 48 hours, igniting the altcoin market with its explosive momentum.
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🔥 Price Surge Snapshot
Current Price: $0.8044 USD
24h Change: +55.29%
7d Change: +40.83%
Market Cap: ~$130M
24h Trading Volume: Over $330M
This surge follows a series of significant events:
Mainnet Launch (Sept 2, 2025): Somnia's mainnet went live, boasting 1M+ transactions per second and sub-second finality, targeting real-time applications like gaming and DeFi.
Exchange Listings: Listings on major exchanges such as Binance, KuCoin, and CoinEx have boosted liquidity and visibility.
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⚠️ Caution Ahead
Despite the bullish momentum, there are factors to consider:
Token Unlocks: Only 16% of SOMI tokens are currently circulating, with a significant portion held by early investors and the team. As these tokens unlock, there could be increased selling pressure.
Market Volatility: The crypto market remains volatile, and while SOMI has shown impressive gains, it's essential to stay informed and cautious.
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📈 Momentum Indicators
Technical analysis shows a strong bullish trend, with SOMI breaking key resistance levels. However, traders should watch for potential pullbacks and support levels to manage risk effectively.
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