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Here’s why Sonic erased $1.3 billion in value

Summary by crypto.news
Andre Cronje’s Sonic token is in freefall, having erased almost $1.3 billion in market capitalization since its relaunch in January. Sonic (S) price crashed to $0.3775 on Sunday, down by over 61% from its highest point this year. This crash…
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crypto.news broke the news in on Sunday, June 8, 2025.
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