Sonic Price Analysis: Parabolic Indicator Supports 10% Breakout Ahead $78M Token Unlock
Sonic S $0.33 24h volatility: 0.5% Market cap: $1.06 B Vol. 24h: $113.78 M price crossed the $0.34 mark on Thursday, July 3, rising 15% in 48 hours as traders place last-minute trades ahead of an upcoming unlock event. Technical indicators suggest more upside potential ahead if certain conditions persist.
Sonic Nears $1B Market Cap as Speculative Trades Trigger 10% Rally
Andre Cronje-led Sonic delivers double-digit gains on Wednesday, rising 15% to reclaim the $0.33 level at press time. While the Sonic rally aligns with broader market sentiment, reports suggest this rapid price uptick could be linked to network development updates and anticipation surrounding upcoming ecosystem events.
Sonic price action | Source: Coinmarketcap
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