Sonic Price Prediction: S Surges 20% As Experts Say This AI Pepe Hybrid Might Be The Best Crypto To Buy Now
The Sonic price surged 20% in the last 24 hours to trade at $0.8933 as of 02:31 a.m. EST on trading volume that rose 77% to $758 million. The S price has been up 38% in the last month, coming after it was rebranded from Fantom (FTM) on Jan. 16. This rebranding was done as part of an initiative set to improve transaction speed and finality. Fantom's rebrand to Sonic is paying off big time Since the rebrand, the chain’s TVL has jumped by over 66% from $153 million to $257 million Now, all it needs is the $S token to bounce back, it’s down 41% in the past month pic.twitter.com/ckAk0PHuHE — Lark Davis (@TheCryptoLark) January 30, 2025 Sonic Price Shows A Bullish Breakout From Rounded Bottom Formation The 4-hour chart of the S price presents a rounded bottom pattern, a classic bullish reversal structure. This pattern indicates a gradual shift from a downtrend to an uptrend as selling pressure decreases and buyers gain control. The breakout above the neckline resi...