📊 Comprehensive Analysis of Sonic Coin (Token $S) 🔍
Sonic Coin records a rebound of +6.48% today and is currently trading at 0.3417 USDT, after a significant drop exceeding -40% over the last 30 days.
Despite the negative performance, liquidity and demand indicators have started to move positively around the 0.31 USDT area, indicating increasing market interest at these levels.
🚨 Important Note:
🔸 Sonic does not have a maximum supply (Max Supply), which could create inflationary pressure in the future if not met with strong demand growth.
🧠 Fundamentally:
• Sonic is an EVM-compatible Layer 1 blockchain
• Provides exceptional performance: 10,000 TPS and instant transaction finality
• Supports developers through the FeeM model, granting them up to 90% of the fees
🔗 It also offers a secure internal liquidity bridge with Ethereum, enhancing its appeal for DeFi applications.
📌 Is the current rebound just a correction? Or the beginning of a new upward wave?
The price needs to break through 0.36–0.38 to confirm momentum, with subsequent resistance at 0.44.
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