Sonic AI (SONIC) Metrics
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Sonic AI (SONIC)
What is Sonic AI?
Sonic AI (SONIC) is a cryptocurrency designed to integrate artificial intelligence with blockchain technology. It operates as a token on the Ethereum blockchain, enabling users to leverage AI-driven solutions for various applications. The core purpose of the Sonic AI token is to facilitate seamless transactions and interactions within its ecosystem, promoting enhanced efficiency and innovation in the AI space. As a blockchain project, Sonic AI aims to empower users by providing tools and resources that harness the potential of AI, making it accessible and beneficial for a wide range of industries.
When and how did Sonic AI start?
Sonic AI (SONIC) was launched in 2023, created by a team of developers focused on integrating artificial intelligence with blockchain technology. The project aims to enhance user experience in the crypto space through innovative AI solutions. Initially listed on several decentralized exchanges, Sonic AI gained traction quickly, attracting attention for its unique approach to leveraging AI in the cryptocurrency sector.
What’s coming up for Sonic AI?
Sonic AI (SONIC) is gearing up for an exciting phase with its latest roadmap updates, focusing on enhanced AI integration and user experience improvements. The upcoming features include advanced analytics tools and community-driven governance options, aimed at fostering greater participation among holders. Additionally, Sonic AI plans to expand its ecosystem by collaborating with developers to create innovative use cases, particularly in the fields of data analysis and automation. As the community rallies around these goals, the next upgrade promises to solidify Sonic AI's position as a leader in the AI-driven crypto space.
What makes Sonic AI stand out?
Sonic AI stands out in the cryptocurrency space due to its unique integration of artificial intelligence with blockchain technology, enabling real-time data analysis and decision-making for decentralized applications. Compared to other cryptocurrencies, Sonic AI features a specialized tokenomics model that rewards users for engaging with its AI-driven ecosystem, fostering a community-centric approach. Its real-world use case focuses on enhancing various sectors, such as finance and supply chain, by providing intelligent solutions that leverage blockchain's transparency and security.
What can you do with Sonic AI?
Sonic AI (SONIC) is primarily used as a utility token within its ecosystem, enabling users to access various DeFi apps and services. It can be utilized for payments, staking to earn rewards, and participating in governance decisions. Additionally, Sonic AI supports the creation and trading of NFTs, enhancing its utility in the digital asset space.
Is Sonic AI still active or relevant?
Sonic AI is currently active, with ongoing development and a notable presence in the community. The token is still traded on various exchanges, indicating sustained interest and engagement from investors. Recent developer updates suggest that the project is not abandoned and continues to evolve.
Who is Sonic AI designed for?
Sonic AI is built for developers and businesses seeking to leverage artificial intelligence in their projects. Its target audience includes tech-savvy individuals and organizations looking to integrate AI solutions into their operations, making it ideal for those in the tech and innovation sectors. The community is focused on advancing AI applications and fostering collaboration among users.
How is Sonic AI secured?
Sonic AI secures its network through a unique consensus mechanism that combines Proof of Stake and a decentralized validator setup, enhancing network security and resilience. Validators are selected based on their stake, ensuring that only committed participants can validate transactions, thereby providing robust blockchain protection against malicious attacks and ensuring the integrity of the network.
Has Sonic AI faced any controversy or risks?
Sonic AI has faced significant scrutiny due to concerns over extreme volatility and potential risks associated with its market performance. Additionally, there have been allegations of a possible rug pull, raising questions about the project's long-term viability and security. Investors should remain cautious and aware of these controversies and the associated legal issues that may arise.
Sonic AI (SONIC) FAQ – Key Metrics & Market Insights
Where can I buy Sonic AI (SONIC)?
Sonic AI (SONIC) is widely available on centralized cryptocurrency exchanges. The most active platform is Raydium (CLMM), where the SOL/SONIC trading pair recorded a 24-hour volume of over $1.99.
What's the current daily trading volume of Sonic AI?
As of the last 24 hours, Sonic AI's trading volume stands at $1.99 .
What's Sonic AI's price range history?
All-Time High (ATH): $0.000011
All-Time Low (ATL):
Sonic AI is currently trading ~84.02% below its ATH
.
What's Sonic AI's current market capitalization?
Sonic AI's market cap is approximately $1 790.00, ranking it #4275 globally by market size. This figure is calculated based on its circulating supply of 1 000 000 000 SONIC tokens.
How is Sonic AI performing compared to the broader crypto market?
Over the past 7 days, Sonic AI has gained 0.00%, outperforming the overall crypto market which posted a 0.20% decline. This indicates strong performance in SONIC's price action relative to the broader market momentum.
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Sonic AI Basics
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Sonic AI Exchanges
Sonic AI Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to Sonic AI
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $73 113 720 574 | $1.000301 | $13 414 192 442 | 73,091,706,446 | |||
| 13 | Wrapped Bitcoin WBTC | $11 688 450 719 | $89 103.74 | $246 292 396 | 131,178 | |||
| 15 | WETH WETH | $11 053 460 679 | $2 935.15 | $746 592 558 | 3,765,896 | |||
| 19 | Usds USDS | $7 891 812 297 | $1.000388 | $104 140 221 | 7,888,752,944 | |||
| 21 | Chainlink LINK | $7 607 514 505 | $12.14 | $280 216 476 | 626,849,970 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
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