Market analyst Altcoin Sherpa, Sonic on social media Layer-1 Blockchain’s local crypto currency caught significant gains and the future price can reach $ 1 made statements.
SONIC COIN RISE
Sonic increased by about 140 %to $ 0.8615 from $ 0.359 in a short time. Analyst emphasized the high levels of Coin in the previous period, while positive market activities are expected to continue, he said.
Altcoin Sherpa: “S is currently among the powerful medium -sized crypto currencies. Remember that it reached almost $ 4 in the last cycle. ”
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Altcoin Sherpa: “The graph is quite impressive. I think $ 1 will go away from the target. “
Bitcoin and other subcoin developments
Analyst, Bitcoin $98,663.61He is still traded in a certain price range, but this situation may change soon, he added.
In addition, long -term optimism was expressed for other subcoins such as artificial intelligence -oriented Arc and defi platform OM. While ARC increases around 30 %during the day; The OM gained around 5 %by following a more stable course. However, later on the day, the sharp decrease in the price of BTC Altcoins lost significantly.
The fluctuation in crypto currencies was triggered by a decline after the economic data in the US stock markets, along with the hacking event of the Bybit stock exchange. These negative developments, which are not expected to continue their serious influence in the medium and long term, undermined the optimism of the last -minute development that SEC would reduce the Coinbase case.
Investors closely follow the developments in the Altcoin and Bitcoin market and evaluate the progress of technological innovations and projects. Such assessments can be an important indicator for correct management of risks.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.
