Sonic S
Current Price
$0.0408 -0.96%
$0.0013 Daily Range (3.26%)
$0.0400$0.0413
$12.46M Daily Volume
173 BTC
Vol/MktCap: 8.07%
Market Performance
0.04% Relative BTC Volume
The total volume of Sonic is $12.46M over the past 24 hours, compared to $30.80B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.0403 +1.09%
13 SMA $0.0404 +0.90%
21 SMA $0.0406 +0.32%
55 SMA $0.0411 -0.79%
144 SMA $0.0417 -2.14%
Price Performance
+0.86% 1 Hour Change
$0.0408 from $0.0404
-2.00% 7 Day Change
-$0.0008 from $0.0416
-0.40% 14 Day Change
-$0.0002 from $0.0409
-4.01% 30 Day Change
-$0.0016 from $0.0424
All Time High
January 4, 2025
$1.03 -96.04%
-$0.9882 vs. now
24H Change
-1.51M USD -0.97%
-21 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
194.13 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
306.26M S
traded over past 24 hours
8.09% 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 $0.04040415, reflecting a 24-hour decline of 1.98%. The daily price range has been tight, with a high of $0.0413612 and a low of $0.04001594, indicating limited volatility in the current market environment.
Trading volume stands at 12,381,158, accounting for 8.10% of the market cap, suggesting moderate interest among investors. However, the 24-hour price change and lower daily range indicate that momentum is currently weak.
The hourly moving averages present a mixed outlook: the 8 SMA shows a slight upward bias at $0.0403 (+0.15%), while longer-term SMAs indicate bearish pressure, with the 144 SMA at $0.0417 showing a decline of 3.04%. This divergence suggests short-term traders may find opportunities, but longer-term trends are unfavorable.
The 1-hour RSI at 43 indicates that Sonic is approaching oversold conditions, while the 7-day RSI of 50 shows neutrality, suggesting no strong bullish or bearish momentum. The 7-day, 14-day, and 30-day price changes all reflect negative trends, with declines of 3.59%, 2.17%, and 3.69% respectively, further confirming a lack of buying interest.
Sonic's all-time high of $1.029 from January 2025 highlights significant potential upside, but current performance is far from that level. Given the negative price action over the past month and the mixed technical indicators, the outlook remains cautious.
In conclusion, the current data suggests a Hold rating for Sonic (S). The potential for recovery exists, but the prevailing bearish trend and lack of strong momentum warrant a wait-and-see approach before committing to new positions.
Trading volume stands at 12,381,158, accounting for 8.10% of the market cap, suggesting moderate interest among investors. However, the 24-hour price change and lower daily range indicate that momentum is currently weak.
The hourly moving averages present a mixed outlook: the 8 SMA shows a slight upward bias at $0.0403 (+0.15%), while longer-term SMAs indicate bearish pressure, with the 144 SMA at $0.0417 showing a decline of 3.04%. This divergence suggests short-term traders may find opportunities, but longer-term trends are unfavorable.
The 1-hour RSI at 43 indicates that Sonic is approaching oversold conditions, while the 7-day RSI of 50 shows neutrality, suggesting no strong bullish or bearish momentum. The 7-day, 14-day, and 30-day price changes all reflect negative trends, with declines of 3.59%, 2.17%, and 3.69% respectively, further confirming a lack of buying interest.
Sonic's all-time high of $1.029 from January 2025 highlights significant potential upside, but current performance is far from that level. Given the negative price action over the past month and the mixed technical indicators, the outlook remains cautious.
In conclusion, the current data suggests a Hold rating for Sonic (S). The potential for recovery exists, but the prevailing bearish trend and lack of strong momentum warrant a wait-and-see approach before committing to new positions.
Updated 91 minutes ago.
Sonic Relative Price at Market Cap of:
Sonic TradingView Chart
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