Sonic S
Current Price
$0.0422 -3.15%
$0.0022 Daily Range (5.13%)
$0.0415$0.0436
$13.75M Daily Volume
200 BTC
Vol/MktCap: 8.60%
Market Performance
0.03% Relative BTC Volume
The total volume of Sonic is $13.75M over the past 24 hours, compared to $51.88B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.0418 +1.02%
13 SMA $0.0420 +0.57%
21 SMA $0.0425 -0.61%
55 SMA $0.0434 -2.67%
144 SMA $0.0435 -2.83%
Price Performance
+1.60% 1 Hour Change
$0.0422 from $0.0416
-4.23% 7 Day Change
-$0.0018 from $0.0440
-0.08% 14 Day Change
-$0.00003179 from $0.0423
+7.50% 30 Day Change
$0.0032 from $0.0391
All Time High
January 4, 2025
$1.03 -95.89%
-$0.9867 vs. now
24H Change
-5.16M USD -3.13%
-75 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
194.25 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
323.19M S
traded over past 24 hours
8.54% 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 trading at $0.04167399, reflecting a 24-hour change of -6.27%. The price has seen a daily range between $0.04146707 and $0.04448654, indicating a contraction in volatility as the daily range is just 0.00301947%.
The trading volume over the past 24 hours stands at 13,730,799, with a volume-to-market cap ratio of 8.71%. This relatively low volume suggests diminished investor interest, which aligns with the recent downward trend in price and may indicate a lack of conviction in upward price movements.
Examining the moving averages, the 8-hour SMA is at $0.0418, slightly below the current price, while the longer-term averages like the 144-hour SMA at $0.0435 indicate a bearish trend, with all SMAs showing declines. This divergence signals potential resistance levels above the current price, suggesting upward momentum is currently weak.
The 1-hour RSI is at 31, indicating that the asset is nearing oversold conditions, while the 7-day RSI at 45 shows no clear bullish momentum yet. The 7-day and 14-day price changes are also negative, with the 7-day change at -4.38% and the 14-day change at -0.40%, reflecting a general bearish sentiment in the short term.
However, the 30-day price change of +5.14% indicates that Sonic has experienced some bullish activity in the medium term, suggesting potential for recovery if conditions improve. The all-time high of $1.029, set in January 2025, provides a long-term perspective that could support future price movements if the fundamentals align.
Given the current technical indicators and the recent bearish trend, a Hold rating is recommended. This strategy allows for monitoring price action and potential support near the current level before making a more aggressive decision, as market conditions may stabilize or improve in the near term.
The trading volume over the past 24 hours stands at 13,730,799, with a volume-to-market cap ratio of 8.71%. This relatively low volume suggests diminished investor interest, which aligns with the recent downward trend in price and may indicate a lack of conviction in upward price movements.
Examining the moving averages, the 8-hour SMA is at $0.0418, slightly below the current price, while the longer-term averages like the 144-hour SMA at $0.0435 indicate a bearish trend, with all SMAs showing declines. This divergence signals potential resistance levels above the current price, suggesting upward momentum is currently weak.
The 1-hour RSI is at 31, indicating that the asset is nearing oversold conditions, while the 7-day RSI at 45 shows no clear bullish momentum yet. The 7-day and 14-day price changes are also negative, with the 7-day change at -4.38% and the 14-day change at -0.40%, reflecting a general bearish sentiment in the short term.
However, the 30-day price change of +5.14% indicates that Sonic has experienced some bullish activity in the medium term, suggesting potential for recovery if conditions improve. The all-time high of $1.029, set in January 2025, provides a long-term perspective that could support future price movements if the fundamentals align.
Given the current technical indicators and the recent bearish trend, a Hold rating is recommended. This strategy allows for monitoring price action and potential support near the current level before making a more aggressive decision, as market conditions may stabilize or improve in the near term.
Updated 268 minutes ago.
Sonic Relative Price at Market Cap of:
Sonic TradingView Chart
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