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 value or face shopping for it on the open market after its preliminary trade providing (IEO).
With little time remaining, traders have begun piling into the presale at sonikcoin.com, opening the door to a potential sell-out as a result of its $2,098,547 laborious cap.
The challenge will likely be listed on Uniswap, with rumors circulating it might go dwell as early as subsequent week.
One of many essential 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 challenge has no official affiliation to the franchise however merely pays homage to it, establishing a nostalgic attract.
In accordance with 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 process.
Nevertheless, Sonik Coin’s rising presale success signifies a thriving and engaged group, which can doubtless carry over following its IEO. Go to the Sonik Coin Telegram channel to remain up to date on the challenge’s newest bulletins.
Sonik Coin’s premier characteristic is its Stake-to-Earn mechanism, providing holders passive rewards by merely staking tokens within the challenge’s sensible contract. When scripting this, the challenge gives a powerful 56% APY on staked tokens.
Moreover, the Sonik Coin staking dashboard exhibits that over 42,000,000 $SONIK are staked, virtually 25% of its present circulating provide.
As the quantity of $SONIK tokens staked will increase, the APY will drop. Nevertheless, the challenge 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, doubtlessly benefitting its value.
Stake-to-Earn has proved a sizzling subject these days, with the favored Stake-to-Earn BTC20 doing a 6x following its presale.
Analysts Forecast 100x Features
In addition to catching the attention of meme coin traders, Sonik Coin has been touted by many outstanding trade analysts.
In accordance with 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 circumstances.
One other standard 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 essential draw.
In the meantime, Crypto Features (107K subscribers) estimates a 20x for the meme coin. The evaluation in contrast Sonik Coin to HarryPotterObamaSonic10Inu, which not too long ago exploded to a $140 million market cap a few months after launching.
The ultimate piece to the Sonik Coin challenge 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 whole presale has taken place at a single value of $0.000014, offering all traders an equal alternative to purchase $SONIK and inspiring group solidarity.
Lastly, 0xGuard carried out a Sonik Coin audit to check the challenge’s safety. In the end, the auditor reported that Sonik Coin is secure as a result of no malicious findings.
With simply 21 hours till the presale ends, potential traders should be fast to safe their $SONIK tokens. Alternatively, you should purchase them on the open market after its Uniswap trade launch, however at a doubtlessly greater value.
Go to Sonik Coin Presale