Trending new meme cryptocurrency presale Sonik Coin has announced that buyers will have the first opportunity to claim their tokens starting at 09:00 UTC on Thursday, September 7th.
The official Twitter account @Sonikcoin has confirmed that Sonik Coin’s initial DEX offering (IDO) on Uniswap exchange will take place at the same time.
Follow the official social media accounts on the sonikcoin.com website for all further updates and links to buy and sell Sonik Coin on Uniswap, DEXScreener or DEXTools.
35% Of SONIK Circulating Supply Staked
Following its Uniswap listing tomorrow, the live circulating supply of SONIK will be 149,896,229,000 – half the total supply.
So far 52,764,033,084 SONIK have been staked by early investors – the project offered the option to simultaneously buy and stake tokens. Having over 35% of the circulating supply locked in the staking pool, SONIK will face little selling pressure at launch.
Similar projects we reviewed last month such as BTC20 also had a large part of their supply locked in staking, and rose in valuation by close to 500% shortly after their Uniswap listing.
Notably the wildly popular HarryPotterObamaSonic10Inu, another Sonic themed meme token, put in a strong bounce in the past 24 hours and is back among the most trending cryptocurrency assets on DEXTools.
Bitcoin also holding the $25,000 support level could also bode well for new crypto ICOs and IDOs taking place this week.
As its Uniswap listing approaches, SONIK has also been featured on CoinMarketCap on several occasions.
Sonic Coin Presale 90% Sold Out
As of Wednesday, September 6th, approximately $1.9 million has been raised, 90% of the meme coin’s $2.098 million hard cap target.
For more upcoming presale projects if you miss SONIK, see our full list of token sales in 2023.
NB – beware of fake tokens and fake social media profiles imitating project admins, when investing in any pre-ICO projects.