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Concerns grow about the future of sonic (ftm) coin

A rising tide of concern surrounds Sonic Coin (formerly known as FTM), as many in the crypto community react to shifting market dynamics. Users express mixed feelings about the coin's trajectory, questioning its future viability amid ongoing uncertainty.

By

Nina Torres

May 17, 2025, 12:28 AM

Edited By

Alex Chen

Updated

May 18, 2025, 04:38 PM

2 minutes of reading

Graph showing a declining trend in Sonic (FTM) Coin value with worried people discussing its future viability.

Mixed Sentiments From the Community

While some people remain hopeful, with one stating, "Give it time. Been holding since this coin will hit $10," others share worry about its declining performance, noting, "Seems to just keep dumping. Wen altcoin season πŸ™ƒ" This reflects a broader skepticism regarding Sonic's potential for success in the current market.

One user emphasized caution, mentioning, "Yeah, yeah only invest what you can afford," as a reminder of the risks involved.

Key Developments Amid Concerns

Optimism persists despite hesitation, especially following the recent addition of native USDC to the blockchain. Users pointed out this move as a potential catalyst for growth, with one claiming, "Sonic is probably one of the more promising coins out there."

Amid discussions, there's speculation about the post-conversion period for Sonic Coin, with some believing this phase will trigger a resurgence, stating, "Once conversion period is over I think it starts pumping again."

Exchange Listings Remain a Hot Topic

One major point of concern is whether Sonic Coin will gain listings on mainstream exchanges like Coinbase. This issue is causing anxiety, as expressed in comments questioning if this will ever happen. The uncertainty surrounding exchanges may hinder Sonic's momentum as users await clearer indications from the market.

Community Insights

The community appears divided yet dynamic:

  • Holding Strategy: Many users advocate for patience and maintaining their investments.

  • Technological Boosts: Positive reactions to updates like USDC integration show a glimmer of hope.

  • Exchange Uncertainty: Ongoing worries about exchange listings continue to arise.

"Flying Tulip coming," one hopeful user remarked, encapsulating the mixed outlook present in the forums.

Noteworthy Takeaways

  • 🌟 Users express optimism about Sonic Coin hitting $10 despite current struggles.

  • πŸš€ Native USDC integration is viewed positively, seen as a catalyst for future growth.

  • ❓ The lack of major exchange listings like Coinbase remains a significant concern.

As conversations persist around Sonic Coin, the community remains engaged and eager, reflecting a vibrant spirit despite the uncertainties at play. While the path ahead may pose challenges, the potential for growth remains a beacon of hope for many.