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TürkçeSonic (prev. FTM) Information
Sonic has emerged as a dynamic player in the cryptocurrency landscape, leveraging innovative technology to enhance transaction efficiency and scalability. Its vibrant ecosystem not only attracts developers and investors but also fosters a community dedicated to sustainable growth and adoption. As Sonic continues to evolve, it promises to make a significant impact on the decentralized finance space.
Introduction to Sonic (formerly FTM)
Sonic, represented by the symbol "s", has emerged as an intriguing player in the cryptocurrency landscape. Formerly known as FTM, Sonic has maintained a strong market presence with a current price of approximately $0.6946. The recent fluctuations in its value demonstrate the volatility common in the cryptocurrency sphere, making it essential for potential investors to conduct thorough research.
Characteristics and Metrics
Sonic's market cap stands impressively at around $2.2 billion, with a circulating supply of 3.175 billion coins and a total supply of the same amount. The 24-hour trading volume of about $2 million indicates a reasonable level of trading activity. Over the past 24 hours, the price has experienced a slight decline of approximately 2.14%, reflecting the overall market trends that many cryptocurrencies face.
Historical Performance
The historical trajectory of Sonic has seen its share of peaks and troughs. The token reached its all-time high (ATH) of $1.029 on January 4, 2025, which signifies potential confidence from the investor community. However, it has since retraced by over 32%, highlighting the natural volatility associated with cryptocurrency investments. On the other end of the spectrum, its all-time low (ATL) was recorded on January 8, 2025, at $0.6289, demonstrating the challenges it has faced in price stabilization.
Advantages of Sonic
One of the primary advantages of Sonic is its strong development team and community backing. The integration of innovative technology and a focus on user-friendly features aim to enhance the overall user experience. Moreover, Sonic's versatility allows it to cater to various decentralized applications (dApps), positioning it favorably within the expanding DeFi (Decentralized Finance) sector.
Challenges and Disadvantages
Despite its advantages, Sonic is not without its challenges. Market volatility remains a significant concern for investors, as price fluctuations can lead to uncertainty. Additionally, the competitive landscape of cryptocurrencies creates pressure on Sonic to continually innovate and differentiate itself from other tokens. As regulatory scrutiny increases worldwide, Sonic may face additional hurdles that could impact its adoption and utilization.
Future Outlook
The future prospects of Sonic appear promising, particularly with the growing interest in blockchain technology and cryptocurrency. As the DeFi ecosystem continues to evolve, Sonic has the potential to play a vital role in facilitating various financial services. Continued development, community engagement, and strategic partnerships will be crucial in ensuring Sonic's relevance and growth in the ever-changing digital asset landscape.
Conclusion
In summary, Sonic (formerly FTM) represents both potential and risk in the cryptocurrency space. While its historical performance shows signs of resilience, investors should remain cautiously optimistic and stay informed on market developments. With a robust backing and innovative capabilities, Sonic's journey in the cryptocurrency realm will certainly be one to watch in the coming years.
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from price
$1
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General Information |
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Title
Sonic (prev. FTM)
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Symbol
s
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Whitepaper
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Website
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Community
-
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Last Updated
2025-01-21 23:53
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Price Data |
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Current Price $
0.603706
$
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High 24h
0.628242
$
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Low 24h
0.498836
$
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Price Change 24h
0.087734
$
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Price Change % 24h
17.00364
%
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Market Data |
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Market Cap
1909206128
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Total Volume
313368055
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Market Cap Change 24h
267946290
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Market Cap Change % 24h
16.32565
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
3175000000
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Total Supply
3175000000
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Max Supply
-
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Historical Data |
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All Time High (ATH)
1.029
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ATH Change %
-41.59282
%
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ATH Date
2025-01-04 21:35
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All Time Low (ATL)
0.498836
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ATL Change %
20.53778
%
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ATL Date
2025-01-21 01:30
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