The brand new meme coin Sonik Coin (SONIK) has exploded in popularity during its presale, surpassing $1.35 million raised in less than three weeks since launch.
Now, crypto investors only have 20 hours left to scoop up $SONIK at the discounted presale rate. After that, they’ll have to buy it at the open market price when it lists on an exchange like Uniswap, which could be as early as next week based on the rumors.
One big reason Sonik Coin’s presale has done so well is its unique Stake-to-Earn feature that rewards holders with juicy annual percentage yields (APYs) for staking their $SONIK tokens.
Sonik Coin is a recently launched meme coin that pays respect to the classic Sonic the Hedgehog video game, though it has no official connection. According to the project’s site, Sonik Coin aims to become the fastest meme coin to hit a $100 million market cap, despite tough competition from titans like Doge and Shiba Inu. However, Sonik Coin’s presale success shows it already has a thriving community that will likely stick around post-listing. Check Sonik Coin’s Telegram to stay up to date.
Sonik Coin’s flagship feature is Stake-to-Earn, which gives holders passive income for staking their tokens. Right now, stakers earn a whopping 56% APY on their $SONIK. Notably, over 42 million $SONIK have already been staked, about 25% of the total supply.
As more tokens get staked, the APY will decrease. But more staked tokens also reduce supply, potentially benefiting the price. Stake-to-Earn has become a hot trend after the recent 6x gain from the Stake-to-Earn BTC project following its presale.
In addition to meme coin fanatics, Sonik Coin has also won praise from numerous big-name crypto analysts. According to Michael Wrubel (300k YouTube subs), Sonik Coin could be 100x after its presale thanks to current market conditions. Analyst Jacob Bury (21k subs) called it a “Pepe alternative” and highlighted Stake-to-Earn as the main appeal, predicting a 10x. Crypto Gains (107k subs) foresaw a 20x for Sonik, comparing it to HarryPotterObamaSonic10Inu which did 140x after launch.
Lastly, Sonik Coin has community-driven tokenomics. 50% of the total supply is for presale, 40% for staking rewards, and 10% for liquidity. The entire presale was a fixed $0.000014 price to give all buyers an equal shot and encourage communal spirit.
With the countdown underway, investors need to act fast to get the presale price. Otherwise, they’ll have to buy on the open market post-listing, likely at a higher cost.
#SonikCoin #MemeCoin #Crypto #Presale #StaketoEarn
