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-150% Bonus$1,965,007,500
$71,203,174
3,175,000,000 S
3,175,000,000 S
Sonic S Sonic (S) Chart
Sonic (S) Return On Investment(ROI)
Sonic (S) Token Price Now
Sonic price today is $0.6189 with a 24-hour trading volume of $71,203,174. S price is up 18.31% in the last 24 hours. It has a max supply of 3.18Bil.
What Is Sonic(S)?
Sonic is our new, upcoming layer-1 platform with a secure gateway to Ethereum and provides the fastest settlement layer for digital assets with over 10,000 TPS and complete, one-second confirmation times. The ecosystem will be supported by a massive incentive program.
What Is S Token?
The S token will be the native token for Sonic. It has multiple roles within the Sonic network:
- Paying for transaction fees
- Staking to participate in securing the chain (min 1 $S)
- Running a validator to secure the chain (min 50,000 $S)
- Participating in governance
Additionally, the S token will be used with the upcoming Gateway to Ethereum, with more details to be announced soon.
Upon the launch of the new Sonic chain, FTM holders will be able to exchange 1 $FTM for 1 $S. We also expect you'll be able to purchase S directly from decentralized exchanges (DEXs) on Sonic or key centralised exchanges (CEXs) in the near future.
How Does Sonic(S) Work?
- Validator Rewards. To help secure the Sonic network by providing computing resources and staking a certain amount of $S, you can earn block rewards as well as transaction fees paid by users on Sonic.
- Block Rewards. The target reward rate for validators is 3.5% when 50% of the network is staked. The network mints tokens each epoch to distribute to validators to achieve this. This target rate is maintained proportionally, so if all $S tokens are staked, validators and stakers will earn 1.75% annually. Conversely, if only 25% of $S tokens are staked, they will earn 7% annually.
- Network Fees. Network fees are generated when users pay gas to interact with the network. Validators earn a percentage of these fees, which are distributed equally among all staked S tokens.
Sonic (S) Community
- Twitter: https://x.com/0xSonicLabs
- Discord: https://discord.gg/3Ynr2QDSnB
- Reddit: https://reddit.com/r/0xSonic
- Telegram: https://t.me/SonicAnnouncements
Sonic FAQ
What is the price of Sonic (S) token?
The current Sonic usd price is $0.6189. We update the Sonic USD price in real time. Get live prices of Sonic on different cryptocurrency exchanges around the world on Coincarp.
Is Sonic (S) token a good investment?
It depends on your personal risk tolerance and investment goals. Sonic is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Sonic investing, you will also need to understand the Sonic project's white paper, team background, tokenomics, and the overall market environment.
The main ways to get involved in Sonic investing are by participating in Spot, Perpetual, ETF/Leveraged trading or pledging to earn interest. Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals.
Where can I buy Sonic (S) token token?
You can buy Sonic from a cryptocurrency exchange (CEX or DEX) or some cryptocurrency wallets. Usually we choose cryptocurrency exchanges to buy, most exchanges require you to set up an account and verify your identity before buying Sonic. Cryptocurrency exchanges that currently support Sonic trading include:
If there is any error, please feedback to us, our email is [email protected]. Please be aware that buying and selling Sonic involves high risks.You should always do your own research and make sure you understand the risks associated with Sonic trading before you begin.
How to short Sonic (S) token?
The easiest way to short Sonic is through margin trading, usually with Perpetual contracts, Futures contracts, ETF/Leveraged. Only a few cryptocurrency trading platforms allows short selling due to the considerable risk involved in this type of trading.
To start shorting Sonic, open a margin account, provide some collateral for your short position, borrow some coins from the trading platform, and start short selling. Keep in mind that shorting Sonic or any other cryptocurrency is high-risk. Exchanges that currently support shorting Sonic are:
What will Sonic (S) token be worth in 5 years?
It is impossible to predict what Sonic will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Sonic's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Sonic 5 years from now.
S Price Statistics
Sonic Price
$0.6189
Price Change24h
$0.0958 18.31%
24h Low / 24h High
$0.521 / $0.6326
Trading Volume 24h
$71,203,174
Volume/Market cap (24h)
3.62%
Market Dominance
--
Market Cap
--
Fully Diluted Market Cap
$1,965,007,500
7d Low / 7d High
$0.5001 / $0.8469
30d Low / 30d High
$0.5001 / $0.8485
90d Low / 90d High
$0.5001 / $0.8485
52 Week Low / 52 Week High
$0.5001 / $0.8485
All Time High
$0.8485
All Time Low
$0.5001
