US EditionCoinStats - Could Sonic’s $74.59M Token Unlock Lead to an...
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Could Sonic's $74.59M Token Unlock Lead To Another 42% Price Dip? - Data Intelligence
$74.59 million worth of S tokens unlocked, raising circulating supply by 7.39%. Market participants have already begun selling the asset, adding downward pressure to its performance. A major token unlock for Sonic [S] went live on the 5th of July—injecting $74.59 million worth of tokens into circulation. According to DeFiLlama, this accounted for 5.17% of the total supply and 7.39% of the circulating supply. The sudden increase in float raised c…
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