Sonic (S), currently ranked #58 in the cryptocurrency market, has garnered attention with a market capitalization of $1.47 billion and a fully diluted valuation of $1.63 billion. It boasts a strong trading volume of $158.15 million over 24 hours, representing a notable 10.73% of its market cap—indicating high liquidity and active trading. With a circulating supply of 2.88 billion tokens out of a total supply of 3.18 billion, Sonic has no capped maximum supply, meaning it can potentially inflate over time. Despite this, the token reached an all-time high of $1.03 on January 5, 2025, reflecting strong past performance and market interest. Its market dominance stands at 0.0499%, positioning it as a mid-tier asset with potential room for growth.
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