Sonic S
Current Price
$0.0419 +3.33%
$0.0027 Daily Range (6.37%)
$0.0406$0.0432
$18.28M Daily Volume
252 BTC
Vol/MktCap: 11.52%
Market Performance
0.02% Relative BTC Volume
The total volume of Sonic is $18.28M over the past 24 hours, compared to $80.46B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.0427 -1.95%
13 SMA $0.0425 -1.26%
21 SMA $0.0421 -0.43%
55 SMA $0.0412 +1.78%
144 SMA $0.0404 +3.85%
Price Performance
-1.13% 1 Hour Change
$0.0419 from $0.0424
-1.37% 7 Day Change
-$0.0006 from $0.0425
-4.79% 14 Day Change
-$0.0020 from $0.0439
-19.73% 30 Day Change
-$0.0083 from $0.0502
All Time High
January 4, 2025
$1.03 -95.93%
-$0.9871 vs. now
24H Change
5.13M USD +3.34%
71 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
194.30 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
436.24M S
traded over past 24 hours
11.53% 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 $0.04224332, reflecting a 24-hour increase of 2.41%. The daily range shows a high of $0.04323245 and a low of $0.04035774, indicating some volatility but maintaining stability around the current price level.
Trading volume stands at 17,412,940, with a volume-to-market cap ratio of 10.89%, suggesting decent trading activity relative to its market capitalization. The short-term moving averages reflect bullish sentiment, with the 8 SMA showing a slight upward trend of 0.14%, and the 55 SMA demonstrating a stronger upward momentum of 3.19%.
The 1-hour RSI is at 66, indicating that Sonic is nearing overbought territory, while the 7-day RSI at 52 suggests a neutral position. This divergence indicates that while short-term momentum may be strong, medium-term sentiment has weakened, as evidenced by a 7-day price change of -4.57% and a 30-day price drop of nearly 20%.
Given the substantial gap between the current price and the all-time high of $1.029, there is significant room for growth if market conditions improve. However, the ongoing negative price trends over the last two weeks indicate potential resistance ahead, suggesting that investors may need to be cautious in the near term.
Based on the current analysis, a Hold rating is recommended. The mixed signals from both short-term bullish momentum and longer-term bearish trends suggest that while there may be short-term trading opportunities, the overall outlook remains uncertain until a reversal in the downward price trend is confirmed.
Trading volume stands at 17,412,940, with a volume-to-market cap ratio of 10.89%, suggesting decent trading activity relative to its market capitalization. The short-term moving averages reflect bullish sentiment, with the 8 SMA showing a slight upward trend of 0.14%, and the 55 SMA demonstrating a stronger upward momentum of 3.19%.
The 1-hour RSI is at 66, indicating that Sonic is nearing overbought territory, while the 7-day RSI at 52 suggests a neutral position. This divergence indicates that while short-term momentum may be strong, medium-term sentiment has weakened, as evidenced by a 7-day price change of -4.57% and a 30-day price drop of nearly 20%.
Given the substantial gap between the current price and the all-time high of $1.029, there is significant room for growth if market conditions improve. However, the ongoing negative price trends over the last two weeks indicate potential resistance ahead, suggesting that investors may need to be cautious in the near term.
Based on the current analysis, a Hold rating is recommended. The mixed signals from both short-term bullish momentum and longer-term bearish trends suggest that while there may be short-term trading opportunities, the overall outlook remains uncertain until a reversal in the downward price trend is confirmed.
Updated 266 minutes ago.
Sonic Relative Price at Market Cap of:
Sonic TradingView Chart
In The News

Morgan Stanley Picks Coinbase, BNY as Custodians for Planned Bitcoin ETF
Morgan Stanley reveals its Bitcoin ETF custodians as the Wall Street giant moves closer to a full crypto embrace.

How this week's rout in Korean stocks might have triggered crypto's surge higher
Korea's tech-heavy Kospi has plunged 20% in the last two trading sessions, potentially pushing that country's fast-money chasing traders back into crypto.

White House submits nomination of Kevin Warsh for Fed chair to Senate
Warsh's potential Fed leadership could shift US monetary policy towards embracing blockchain innovation and regulated crypto integration.

Zerohash joins surging list of crypto firms vying for a bank charter
Several crypto companies have secured OCC conditional approval for a banking charter since the GENIUS Act was passed in July, including Circle, Ripple, Bridge and Stripe.