Sonic only has 1 day? 2 days? left. Although the effect of buying and supporting is less now, it is showing a trend of maintaining its position. However, the $S Yapping rewards will be released, and while it may not be a large scale compared to the market cap, we should keep in mind the possibility of trendline breaks and panic selling. I definitely think @SonicLabs is doing a good job. They are making sufficient efforts for market expansion, including Sonic2.1's entry into the USA and Nasdaq PIPE. However, the market has not reacted yet. Ultimately, the most important thing is the token price. Even though Season 1 is ending, Season 2 is still ahead, but there is a gap in between, so we need some action to fill that missing spoon. With a speed of 400ktps, it might be the right timing for something even more powerful in terms of service or issues. Ultimately, for FeeM to operate better, the rise of $S is inevitably necessary. No developer would want to receive a decline; they...
$S Sonic has once again entered into a market-making contract with Wintermute.
But the comments are all done, haha.
"Honestly, I don't really know what a market maker is, but here's what I hope for."
Well, I guess we all think that way, right?
@SonicLabs and Wintermute are going to raise it again, right?
โโ
By the way, the contract between Sonic and Wintermute ended in May this year, and they have re-entered into it.
After that, $S was continuously dumped from 0.5 to 0.3.
(I understand that Wintermute sold all the Sonic they were holding at that time.)
Perhaps this market-making contract will positively affect liquidity and token price, which are the most important steps to get the Sonic ecosystem flywheel rolling?
Aside from the 400ktps speed, I hope the previously weak liquidity and trading volume will be replenished, marking the beginning of @SonicLabs' leap!
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