$S Whoever that posts bullish chart and how confident they are with 💩 pumping are Scambot. If you believe those posts you will lose a lot of money. Be warned!
$S oh wait! June 18th airdrop is on the FOMC meeting and when Powell will speak. It is the same tactic they used when rebranding from FTM during the Trump election or inauguration date. dump is incoming be warned
$S Get ready for more devaluation! Sonic Labs has announced that Season 2 of the S token airdrop will launch on June 18. This new round will feature an updated reward mechanism, with a focus on on-chain activity. Users can earn points by participating in DeFi activities, while developers will be ranked based on several new metrics, including revenue.
$S From 11 million coins to only 1.2 million left. That's how much Wintermute has sold in the past month. What would GSR's cost price? I suspect $0 because Sonic Lab minted 200 million $S 💩 with 190 millions unclaimed. Why minted so much when you already know no one is using $S ? Pump and Dump is coming if you are lucky. otherwise dump further until it is $0.19.
$S This simply means no one is using this scam L1.
Sonic Labs: After the first quarter review, some undisclosed tokens will be open for claiming
According to BlockBeats, on June 7, Sonic Labs issued a statement saying that the S token airdrop will not be limited to a single season. After the first quarter airdrop review is completed, the undisclosed portion of the approximately 190.5 million S tokens in the airdrop will be open for claiming.
$S This simply tells you that no one is buying this shitcoin. They have to buy it themself. Be warned when they dump. Spetz Inc., the parent company of SonicStrategy Inc., announced the completion of its first week of strategic digital asset accumulation, acquiring 3.35 million Sonic blockchain native tokens (S) at an average cost of $0.41.
$S Bearish momentum is strengthening, with: - Price declining (~2.86% drop). - Funding outflows accelerating (especially in Perps). - Spot selling pressure increasing (more negative flows). - Short-term sentiment is deteriorating, and if this continues, further downside is likely.