Sonic S
Current Price
$0.0548 +12.82%
$0.0063 Daily Range (11.47%)
$0.0485$0.0548
$32.33M Daily Volume
403 BTC
Vol/MktCap: 15.59%
Market Performance
0.09% Relative BTC Volume
The total volume of Sonic is $32.33M over the past 24 hours, compared to $34.85B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.0506 +8.25%
13 SMA $0.0501 +9.42%
21 SMA $0.0497 +10.34%
55 SMA $0.0492 +11.46%
144 SMA $0.0465 +17.92%
Price Performance
+3.68% 1 Hour Change
$0.0548 from $0.0528
+24.25% 7 Day Change
$0.0133 from $0.0415
+19.28% 14 Day Change
$0.0106 from $0.0442
+29.79% 30 Day Change
$0.0163 from $0.0385
All Time High
January 4, 2025
$1.03 -94.73%
-$0.9748 vs. now
24H Change
23.68M USD +12.89%
295 BTC
Volume and Supply
Total Supply: 3.89B S 
3.78B S Available97.41% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
194.02 x BTC Supply194:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
626.12M S
traded over past 24 hours
16.54% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Sonic AI Market Analysis
Sonic (S) is currently priced at $0.051288, reflecting a notable 6.79% increase over the past 24 hours. The daily trading range has been relatively tight, with a low of $0.04802826 and a high of $0.051209, indicating strong upward momentum within a constrained bandwidth.
Trading volume has reached 22,725,064, resulting in a volume-to-market cap ratio of 11.74%, which suggests healthy market participation. The price has shown solid upward movement with a 7-day change of 16.08% and a 30-day increase of 20.30%, demonstrating bullish sentiment among traders.
Technical indicators reveal that the 1-hour RSI stands at 81, indicating potential overbought conditions in the short term. However, the 7-day RSI at 59 suggests that while there may be short-term correction potential, the overall trend remains strong and not yet overstretched.
Moving averages are trending positively, with the 8 SMA at $0.0494 up 3.90% and the 144 SMA at $0.0462 showing an 11.11% increase. This indicates a consistent upward trend and support levels that traders can rely on as the price continues to advance.
Given that Sonic is currently trading significantly below its all-time high of $1.029, there is considerable upside potential. The positive price movements over multiple time frames, combined with strong technical indicators, suggest that Sonic could continue to rise in the near term.
In conclusion, the analysis indicates a bullish outlook for Sonic (S) based on current momentum, technical indicators, and overall market sentiment. Therefore, the rating is a Buy, as there is a favorable risk-reward ratio for entering a position at this price level.
Trading volume has reached 22,725,064, resulting in a volume-to-market cap ratio of 11.74%, which suggests healthy market participation. The price has shown solid upward movement with a 7-day change of 16.08% and a 30-day increase of 20.30%, demonstrating bullish sentiment among traders.
Technical indicators reveal that the 1-hour RSI stands at 81, indicating potential overbought conditions in the short term. However, the 7-day RSI at 59 suggests that while there may be short-term correction potential, the overall trend remains strong and not yet overstretched.
Moving averages are trending positively, with the 8 SMA at $0.0494 up 3.90% and the 144 SMA at $0.0462 showing an 11.11% increase. This indicates a consistent upward trend and support levels that traders can rely on as the price continues to advance.
Given that Sonic is currently trading significantly below its all-time high of $1.029, there is considerable upside potential. The positive price movements over multiple time frames, combined with strong technical indicators, suggest that Sonic could continue to rise in the near term.
In conclusion, the analysis indicates a bullish outlook for Sonic (S) based on current momentum, technical indicators, and overall market sentiment. Therefore, the rating is a Buy, as there is a favorable risk-reward ratio for entering a position at this price level.
Updated 396 minutes ago.
Sonic Relative Price at Market Cap of:
Sonic TradingView Chart
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