"SONIC (S) surges 140% in 3 weeks, next target $1... OM and ARC expected to show long-term strength"
Minseung Kang
Summary
- SONIC (S) has surged 140% in 3 weeks and is analyzed to potentially reach the target price of $1.
- Altcoin Sherpa positively evaluated founder Andre Cronje's active engagement and project movements.
- AI League Complex (ARC) and MANTRA (OM) are also expected to show long-term strength.
SONIC (S), which surged 140% over the past 3 weeks, is expected to potentially rise further targeting $1, according to analysis.
According to crypto media The Daily HODL on the 21st, crypto analyst Altcoin Sherpa stated that "S remains one of the strong mid-cap altcoins" and added that "SONIC founder Andre Cronje continues active social engagement and there have been interesting movements within the project. There's still room for further growth."
The analyst added that "S could potentially reach the psychological resistance level of $1." This suggests that S price could rise another 16% from current levels.
Besides S, Altcoin Sherpa projected that AI League Complex (ARC) and MANTRA (OM) would show long-term strength.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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