Sonic Price (Formerly FTM Crypto) Erupts +27%: S Price Teases Mega 200% Rally

After a major rebrand from Fantom (FTM crypto) to Sonic (S Crypto), S price has shot up +27% week-on-week amid technical and fundamental strength – but is S the best new crypto to buy?

In early January, amid the hope of a pre-Trump crypto market, Fantom made the monumental move to re-brand as Sonic, renaming the FTM crypto token as S.

The move was initially well received by markets, with a 50% pump following the launch of the rebrand and a surge to $100M TVL on the Sonic Network in the first 48 hours.

But while the new crypto was heavily hit by the altcoin downturn, which has seen $234Bn in losses over a two-week period, its price now seems to be recovering, with Sonic Crypto up +27% over the past week.

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Some analysts in the crypto community are pinning the uptick in price on a boost to Sonic crypto fundamentals as TVL continues to grow following the transition from FTM crypto.

Indeed, over the past week, more than $50M was added to the Network’s TVL, bringing the total Sonic crypto TVL to nearly $500M – a significant achievement for any chain.

(Source)

S Price Analysis: Is Rebranded FTM Crypto The Best New Crypto to Buy in 2025?

As S price moves back above key support, Sonic (formerly FTM Crypto) currently trades at a market price of $0.52 (representing a 24-hour change of +1.59%).

This comes after Sonic revisited a well-established accumulation zone (the green box), a move that was met with immense confidence and buy pressure in the market, further reassuring the technical range highlighted.

With markets biding these levels, S price has been able to bounce back above critical support from the 20DMA at $0.47, setting the stage for a shift back to the top side of the trading channel, as seen in February and September 2024.

Overall, signaling a huge bullish reversal underway, local price action is consolidating 20DMA support as it primes to break above local resistance at around the $0.58 mark. Bulls ultimately now aim to push back above the 200DMA (at $0.68) in the short time frame.

(SUSDT)

This resistance is critical, as it forms the sharp end of a local downtrend that has dominated since December 2024. Any break above this level would confirm the bullish reversal once and for all.

If this breakout is confirmed, then S price seems intent on returning to the distribution zone at the top of the trading channel, with targets on the HTF between $1.23 (+136%) and $1.75 (238%) by April.

However, for those seeking more immediate high-octane gains, an upcoming meme coin launch—built on months of hype—could see the easiest 100x in the crypto market this coming week. You really don’t want to miss this.

DON’T MISS: Wolf of Wall Street Meme Coin Launches Tomorrow After $70M Raise – Best Crypto to Buy in February 2025?

In what could be described as one of the best crypto to buy in the February crypto market, a new Wolf of Wall Street-themed meme coin is finally landing on Uniswap this coming week.

Launching at 2PM UTC on Monday, February 17, Wall Street Pepe is bringing Jordan Belfort’s high-roller energy to the chain.

This comes after months of viral hype, which saw the project raise an astronomical $70M in funding pre-launch, positioning it as possibly one of the best-funded early-stage meme coin projects left in the crypto industry.

Inspired by a combination of the origins of the Wall Street Bets movement, which sparked the 2021 crypto bull run, and taking aim at the shocking fact that there is no Wolf of Wall Street meme coin despite being the most iconic and legendary investor film of all time – WEPE seems set to change the frog meme coin paradigm in 2025.

But this is no ordinary coin. In fact, there is so much more at stake in this launch than analysts’ projections of up to a 100x move spurred by tier-1 CEX listings over the coming month.

Wall Street Pepe is leading a retail trader revolution to recoup lost gains and get this bull run back on track by squeezing whale manipulation and insider trading groups through a genuine grassroots revolutionary group.

And the WEPE token is your golden ticket to joining the Wall Street Pepe army.

Are you in Anon?

VISIT WALL STREET PEPE HERE

EXPLORE: Crypto Trends For Bullrun – January 2025

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