
Sonic token rallied by a whopping 15% in just 48 hours, surging to the $0.34 mark as traders aggressively position themselves ahead of the imminent $78.1 million token unlock scheduled for July 5. The market capitalization is now hovering around the $975 million dollar mark.
From a technical standpoint, Sonic’s price action suggests strong buying pressure, with indicators indicating further upside potential in the days to come.
Source: www.coinspeaker.com