Sonic S
Current Price
$0.0913 +0.67%
$0.0017 Daily Range (1.83%)
$0.0902$0.0919
$28.11M Daily Volume
311 BTC
Vol/MktCap: 8.13%
Market Performance
0.08% Relative BTC Volume
The total volume of Sonic is $28.11M over the past 24 hours, compared to $35.77B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.0913 -0.01%
13 SMA $0.0914 -0.06%
21 SMA $0.0912 +0.06%
55 SMA $0.0926 -1.35%
144 SMA $0.0943 -3.16%
Price Performance
-0.22% 1 Hour Change
$0.0913 from $0.0915
-4.64% 7 Day Change
-$0.0042 from $0.0955
-15.35% 14 Day Change
-$0.0140 from $0.1053
-32.95% 30 Day Change
-$0.0301 from $0.1214
All Time High
January 4, 2025
$1.03 -91.13%
-$0.9377 vs. now
24H Change
2.88M USD +0.84%
32 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
194.65 x BTC Supply195:1 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
308.74M S
traded over past 24 hours
8.16% 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 $0.091463, reflecting a slight increase of 0.36571% over the past 24 hours. The daily trading range has been narrow, with a high of $0.091896 and a low of $0.090228, indicating limited volatility in the short term.
Trading volume stands at approximately 26.24 million, translating to a volume-to-market cap ratio of 7.58%. This relatively low volume suggests that while there is interest, trading activity has not significantly impacted the price direction in recent hours.
Analyzing the moving averages reveals mixed signals: the 8, 13, and 21-period SMAs are trending upwards, while the 55 and 144-period SMAs indicate a downward trend. The divergence between short-term and long-term averages suggests potential instability and a lack of strong momentum in either direction.
The 1-hour Relative Strength Index (RSI) is at 53, indicating a neutral market sentiment, while the 7-day RSI sits at 48, suggesting that Sonic is nearing oversold conditions. Over the past week, Sonic has experienced a decline of 4.19%, with more significant downturns of 14.99% over the last 14 days and 32.30% in the last 30 days, indicating sustained bearish pressure.
Sonic's all-time high of $1.029 highlights the potential for significant appreciation, but the current price reflects a considerable retracement from those levels. The consistent downward trends in longer timeframes suggest that investors should be cautious, as the cryptocurrency has yet to establish a robust recovery pattern.
Given the mixed signals from moving averages and RSI indicators, alongside the substantial price retracement from all-time highs, the recommendation is to hold Sonic (S) at this time. Monitoring for signs of recovery or a shift in trading volume will be crucial before considering a buy position.
Trading volume stands at approximately 26.24 million, translating to a volume-to-market cap ratio of 7.58%. This relatively low volume suggests that while there is interest, trading activity has not significantly impacted the price direction in recent hours.
Analyzing the moving averages reveals mixed signals: the 8, 13, and 21-period SMAs are trending upwards, while the 55 and 144-period SMAs indicate a downward trend. The divergence between short-term and long-term averages suggests potential instability and a lack of strong momentum in either direction.
The 1-hour Relative Strength Index (RSI) is at 53, indicating a neutral market sentiment, while the 7-day RSI sits at 48, suggesting that Sonic is nearing oversold conditions. Over the past week, Sonic has experienced a decline of 4.19%, with more significant downturns of 14.99% over the last 14 days and 32.30% in the last 30 days, indicating sustained bearish pressure.
Sonic's all-time high of $1.029 highlights the potential for significant appreciation, but the current price reflects a considerable retracement from those levels. The consistent downward trends in longer timeframes suggest that investors should be cautious, as the cryptocurrency has yet to establish a robust recovery pattern.
Given the mixed signals from moving averages and RSI indicators, alongside the substantial price retracement from all-time highs, the recommendation is to hold Sonic (S) at this time. Monitoring for signs of recovery or a shift in trading volume will be crucial before considering a buy position.
Updated 84 minutes ago.
Sonic Relative Price at Market Cap of:
Sonic TradingView Chart
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