Sonic SVM Price Prediction: SONIC Plunges 18% As Investors Shift Focus To This New Bird-Themed Meme Coin Offering Last Chance To Buy

The
Sonic
SVM
price
has
plunged
18%
in
the
last
24
hours
to
trade
at
$0.772
as
of
3:20
a.m.
EST
on
a
77%
slump
in
trading
volume
to
$540
million.

This
price
drop
follows
a
remarkable
1,200%
surge
in
SONIC’s
value
after
its
listing
on
major
exchanges
like
KuCoin,
Upbit,
and
Binance
on
January
7.

It’s
LAUNCH
time!
⚡️????$SONIC
is
now
officially
tradable
on
these
exchanges:

Contract
Address:
SonicxvLud67EceaEzCLRnMTBqzYUUYNr93DBkBdDES

????
Jupiter:

https://t.co/FmdLqQ0xrE

????
OKX:

https://t.co/WAx9l9zXol

????
Bybit:

https://t.co/oGnw5zy8N8

????
KuCoin:…

pic.twitter.com/aMkK711e86

—
Sonic
SVM
(@SonicSVM)

January
7,
2025

As
the
first
gaming
token
built
on
the
Solana
Virtual
Machine,
SONIC
introduces
unique
advantages,
such
as
reduced
costs,
enhanced
configurability,
and
seamless
integration
with
consumer-facing
apps
like
TikTok.

Its
innovative
“tap-to-earn”
gaming
feature
has
stirred
significant
interest
in
the
crypto
community,
positioning
SONIC
as
one
of
the
most
promising
projects
in
gaming
and
blockchain.

Sonic
SVM
Price
Bearish
Channel
Signals
A
Potential
Reversal

The
SVM/USDT
price
movements
in
a
30-minute
timeframe
show
a
significant
decline
after
an
earlier
rally
to
$0.8716.
Following
this
surge,
the
price
entered
a
bearish
channel
marked
by
lower
highs
and
lower
lows,
signaling
persistent
selling
pressure.

The
price
has
struggled
to
break
out
of
this
downward
trend,
finding
resistance
near
$0.84597,
which
aligns
closely
with
the
50-period
moving
average
(SMA50).

Meanwhile,
strong
support
is
observed
around
$0.43596,
coinciding
with
the
upward-sloping
200-period
moving
average
(SMA200).
This
support
level
may
serve
as
a
safety
net
if
bearish
momentum
continues,
while
the
rising
SMA200
hints
at
a
more
optimistic
long-term
outlook
for
the
token.

SONICUSDT
Analysis
Source:
Tradingview

The
Relative
Strength
Index
(RSI-14)
reading
of
37.48
indicates
the

Sonic
SVM
price
is
nearing
oversold
territory,
which
could
slow
down
bearish
momentum
and
possibly
trigger
a
reversal.
If
the
price
breaks
out
of
the
bearish
channel
and
closes
above
$0.84597,
it
would
signal
a
bullish
recovery,
with
the
next
target
price
in
the
$1.00–$1.20
range.

However,
if
the
price
remains
confined
within
the
channel
and
loses
support
at
$0.43596,
it
could
experience
further
declines,
potentially
testing
lower
levels.
Traders
should
pay
close
attention
to
the
breakout
and
consolidation
patterns
while
watching
the
RSI
for
indications
of
a
shift
in
momentum.

Additionally,
setting
stop-loss
orders
below
$0.43596
is
advisable
to
mitigate
risks
in
a
bearish
continuation.

Flockerz
Presale
Heads
For
$10
Million
–
Last
Chance
To
Buy

As
the
Sonic
SVM
price
finds
its
footing
for
another
leg
up,
investors
are
also
rushing
to
buy

Flockerz
(FLOCK),
a
bird-themed
meme
coin
currently
in
its
presale
phase
that
has
garnered
over
$9.2
million
in
funding.

According
to
an
analyst
on
99Bitcoins,
a
popular
YouTube
crypto
channel
with
over
719K
subscribers,
FLOCK
could
potentially
deliver
a
massive
100X
return
once
it
launches.

Flockerz
owes
much
of
its
popularity
to
its
innovative
Vote-To-Earn
model,
FlockTopia,
a
DAO
that
rewards
users
for
voting
on
proposals
and
contributing
to
the
project’s
decision-making
process.

This
incentivized
system
promotes
long-term
decentralization
by
encouraging
token
holders
to
remain
actively
engaged
and
regularly
participate
in
voting.

Stack
em
high
with
The
Flock!
????????

pic.twitter.com/4IiEhZTPxN

—
Flockerz
(@FlockerzToken)

January
6,
2025

In
addition
to
vote-to-earn
(V2E)
rewards,
Flockerz
offers
passive
income
opportunities
through
a
staking
program
with
a
huge
annual
yield
of
294%.

With
the
token’s
presale
price
still
low
at
$0.0066616,
this
is
the
final
opportunity
to
participate
before
the
ICO
concludes
in
less
than
13
days.

Buy
FLOCK
using
BNB,
ETH,
USDT,
or
bank
card.

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