Sonic S
Current Price
$0.0374 -11.40%
$0.0052 Daily Range (13.92%)
$0.0371$0.0423
$17.91M Daily Volume
281 BTC
Vol/MktCap: 12.66%
Market Performance
0.04% Relative BTC Volume
The total volume of Sonic is $17.91M over the past 24 hours, compared to $45.97B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.0397 -5.70%
13 SMA $0.0399 -6.20%
21 SMA $0.0403 -7.19%
55 SMA $0.0410 -8.82%
144 SMA $0.0407 -8.14%
Price Performance
-5.01% 1 Hour Change
$0.0374 from $0.0394
-13.97% 7 Day Change
-$0.0052 from $0.0426
-24.87% 14 Day Change
-$0.0093 from $0.0467
-43.42% 30 Day Change
-$0.0162 from $0.0536
All Time High
January 4, 2025
$1.03 -96.38%
-$0.9917 vs. now
24H Change
-18.42M USD -11.52%
-289 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
194.32 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
451.32M S
traded over past 24 hours
11.92% 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 $0.03994416, having experienced a 24-hour decline of 1.84%. The daily price action shows a range between $0.03949131 and $0.04233972, indicating a relatively stable trading environment despite the slight downturn.
The volume of 15,471,502 indicates a moderate level of trading activity, with a volume-to-market cap ratio of 10.23%, suggesting that there is sufficient liquidity for potential buyers and sellers. However, the hourly moving averages are bearish, with the 8 SMA, 13 SMA, 21 SMA, and 55 SMA all showing negative trends, particularly the 55 SMA down 3.73%, highlighting short-term selling pressure.
The Relative Strength Index (RSI) at 19 indicates that Sonic is significantly oversold on an hourly basis, which may attract buyers looking for a reversal. In contrast, the 7-day RSI at 47 suggests a lack of momentum, while the 14-day and 30-day price changes of -12.91% and -41.66% respectively indicate a longer-term bearish trend.
Given that Sonic's all-time high was $1.029 in January 2025, the current price remains significantly lower, reflecting a substantial decline. The current price levels may present a buying opportunity if support holds around the recent low of $0.03949131, but caution is warranted due to the prevailing bearish indicators.
Considering the combination of oversold conditions and the potential for a technical rebound, a Hold rating is appropriate at this time. Monitoring for a confirmation of upward momentum or a break below the recent lows will be crucial for future positioning.
The volume of 15,471,502 indicates a moderate level of trading activity, with a volume-to-market cap ratio of 10.23%, suggesting that there is sufficient liquidity for potential buyers and sellers. However, the hourly moving averages are bearish, with the 8 SMA, 13 SMA, 21 SMA, and 55 SMA all showing negative trends, particularly the 55 SMA down 3.73%, highlighting short-term selling pressure.
The Relative Strength Index (RSI) at 19 indicates that Sonic is significantly oversold on an hourly basis, which may attract buyers looking for a reversal. In contrast, the 7-day RSI at 47 suggests a lack of momentum, while the 14-day and 30-day price changes of -12.91% and -41.66% respectively indicate a longer-term bearish trend.
Given that Sonic's all-time high was $1.029 in January 2025, the current price remains significantly lower, reflecting a substantial decline. The current price levels may present a buying opportunity if support holds around the recent low of $0.03949131, but caution is warranted due to the prevailing bearish indicators.
Considering the combination of oversold conditions and the potential for a technical rebound, a Hold rating is appropriate at this time. Monitoring for a confirmation of upward momentum or a break below the recent lows will be crucial for future positioning.
Updated 449 minutes ago.
Sonic Relative Price at Market Cap of:
Sonic TradingView Chart
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