Following Uniswap, Sonic Labs also announced a new token burn system for the S token. It was rebranded as Fantom Sonic.
Continue Reading: Winds of Change in Altcoins! After Uniswap (UNI), Another Surprise Altcoin Announces Its Deflationary Move!
Sonic Labs pitched the proposal as a necessary break from its “2018 tokenomics,” which involved Fantom giving away most of its supply to the community.
This week’s top crypto airdrops feature Hedra’s privacy-focused blockchain, Sonic’s Layer-1 token launch, and OneFootball’s fan-driven OFC rewards. Early participation can unlock valuable tokens amid Bitcoin’s recent pullback.
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Sonic officially parted ways with Wintermute after the market maker dumped $857,000 in tokens, causing a price dip. Sonic implied that no foul play was involved, citing the return of loaned funds.
The post Sonic Price Drops 6% As Wintermute Offloads...
As per the data provided by CryptoRank, the prominent blockchain networks in terms of TVL growth include Unichain, Movement, EDU Chain, Proton, Fantom, and Hemi.
This week’s crypto news features Ethereum’s Pectra Upgrade, Sonic Summit, Polkadot app release, and the FOMC meeting, all of which could stir significant market movements. Traders should stay alert for volatility and potential price shifts across...
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