The speedy new meme coin Sonik Coin (SONIK) has exploded previous $1.35 million in its presale after launching lower than three weeks in the past.
Now, traders are poised with simply 20 hours remaining to purchase $SONIK at its presale worth or face shopping for it on the open market after its preliminary change providing (IEO).
With little time remaining, traders have begun piling into the presale at sonikcoin.com, opening the door to a attainable sell-out resulting from its $2,098,547 onerous cap.
The venture can be listed on Uniswap, with rumors circulating it might go dwell as early as subsequent week.
One of many fundamental causes for Sonik Coin’s profitable presale is its distinctive Stake-to-Earn mechanism providing holders passive rewards with a beneficiant annual proportion yield (APY) on their $SONIK tokens.
What Is Sonik Coin?
Sonik Coin is a newly launched meme coin impressed by the Sonic the Hedgehog franchise. The venture has no official affiliation to the franchise however merely pays homage to it, establishing a nostalgic attract.
Based on its web site, Sonik Coin goals to be the quickest meme coin to achieve a $100 million market cap. Contemplating the giants that stand earlier than it, like Pepe and Shiba Inu, that is no simple job.
Nonetheless, Sonik Coin’s rising presale success signifies a thriving and engaged group, which is able to possible carry over following its IEO. Go to the Sonik Coin Telegram channel to remain up to date on the venture’s newest bulletins.
Stake-to-Earn
Sonik Coin’s premier characteristic is its Stake-to-Earn mechanism, providing holders passive rewards by merely staking tokens within the venture’s good contract. When penning this, the venture gives a powerful 56% APY on staked tokens.
Moreover, the Sonik Coin staking dashboard reveals that over 42,000,000 $SONIK are staked, nearly 25% of its present circulating provide.
As the quantity of $SONIK tokens staked will increase, the APY will drop. Nonetheless, the venture has a four-year vesting schedule to make sure its long-term well being. Additionally, extra tokens within the staking pool will add to the token’s shortage, probably benefitting its worth.
Stake-to-Earn has proved a sizzling subject recently, with the favored Stake-to-Earn BTC20 doing a 6x following its presale.
Analysts Forecast 100x Good points
In addition to catching the attention of meme coin traders, Sonik Coin has been touted by many outstanding business analysts.
Based on YouTube analyst and dealer Michael Wrubel (300K subscribers), Sonik Coin might do a 100x following its presale. The video highlights that Sonik Coin is well-positioned to pump because of the ongoing broader market situations.
One other widespread analyst, Jacob Bury (21K subscribers), predicts a 10x for Sonik Coin, calling it a Pepe various and highlighting its Stake-to-Earn characteristic as its fundamental draw.
In the meantime, Crypto Good points (107K subscribers) estimates a 20x for the meme coin. The evaluation in contrast Sonik Coin to HarryPotterObamaSonic10Inu, which lately exploded to a $140 million market cap a few months after launching.
Group-Targeted Tokenomics
The ultimate piece to the Sonik Coin venture is its long-term, community-centric tokenomics. It has a complete provide of 299,792,458,000 (by the way the pace of sunshine), with 50% of tokens out there within the presale, 40% allotted to staking, and 10% for liquidity to allow seamless buying and selling.
Sonik Coin’s total presale has taken place at a single worth of $0.000014, offering all traders an equal alternative to purchase $SONIK and inspiring group solidarity.
Lastly, 0xGuard performed a Sonik Coin audit to check the venture’s safety. Finally, the auditor reported that Sonik Coin is protected resulting from no malicious findings.
With simply 21 hours till the presale ends, potential traders should be fast to safe their $SONIK tokens. Alternatively, you should buy them on the open market after its Uniswap change launch, however at a probably greater worth.
Go to Sonik Coin Presale
