Sonic Inu narxSONIC

Now tracking @HandofGodSonic on @SonicLabs Hand of God is a DeFi protocol built on the Sonic blockchain, inspired by the original Tomb Finance model but enhanced with AI-driven automation.

The cryptocurrency market plunged 7.37% to $2.84 trillion by 10:52 a.m. Eastern Time on Tuesday, marking its steepest single-day decline in months as fears over President Donald Trump’s tariff policies intensified a broad altcoin sell-off. Crypto Market Sees Worst Single-Day Drop of 2025 Every non-stablecoin among the top 45 cryptocurrencies by market capitalization traded in the red, with double-digit losses dominating the sector. Bitcoin, the largest crypto asset, fell below $87,000, though its market dominance climbed to 60.5% as investors fled riskier altcoins. The global crypto economy has shed billions since Trump’s original Feb. 1 tariff announcement and his followup statements on Monday. Telcoin (TEL) led Tuesday’s collapse, plummeting 24.5%, while chex token (CHEX) and bittensor (TAO) dropped 23.93% and 19.31%, respectively. Mid-cap assets like raydium (RAY) and hedera (HBAR) fell 18.16% and 16.59%, with AAVE, gnosis (GNO), and fantom (FTM) each down over 15%. The sonic preview token (SONIC) slid 14.85%, and ethereum name service (ENS) lost 15.02%. Only a handful of tokens defied the trend: ACT surged 16.49%, IP rose 15.61%, and binaryx (BNX) gained 9.48%. All reports have tied the crash to escalating concerns over Trump’s proposed tariffs on Canadian and Mexican imports and levies on Chinese goods, which investors fear could destabilize global trade and inflation. Bitcoin’s relative stability contrasted with altcoins’ meltdown, highlighting its perceived role as a digital safe haven. However, its drop below $87,000 — seeing a 7% daily decline — still reflected broader market anxiety for even the top crypto asset. Alongside this, U.S. Treasury yields rose Tuesday morning, compounding pressure on speculative assets, and benchmark stock indices are all down. Monday’s and Tuesday’s major crypto sell-off highlighted altcoins’ acute sensitivity to macroeconomic shifts, with losses far outpacing bitcoin’s. The crash, now the worst of 2025, signals deepening ties between crypto markets and geopolitical policy — a reality challenging the sector’s decentralized ethos.

The cryptocurrency market plunged 7.37% to $2.84 trillion by 10:52 a.m. Eastern Time on Tuesday, marking its steepest single-day decline in months as fears over President Donald Trump’s tariff policies intensified a broad altcoin sell-off. Crypto Market Sees Worst Single-Day Drop of 2025 Every non-stablecoin among the top 45 cryptocurrencies by market capitalization traded in the red, with double-digit losses dominating the sector. Bitcoin, the largest crypto asset, fell below $87,000, though its market dominance climbed to 60.5% as investors fled riskier altcoins. The global crypto economy has shed billions since Trump’s original Feb. 1 tariff announcement and his followup statements on Monday. Telcoin (TEL) led Tuesday’s collapse, plummeting 24.5%, while chex token (CHEX) and bittensor (TAO) dropped 23.93% and 19.31%, respectively. Mid-cap assets like raydium (RAY) and hedera (HBAR) fell 18.16% and 16.59%, with AAVE, gnosis (GNO), and fantom (FTM) each down over 15%. The sonic preview token (SONIC) slid 14.85%, and ethereum name service (ENS) lost 15.02%. Only a handful of tokens defied the trend: ACT surged 16.49%, IP rose 15.61%, and binaryx (BNX) gained 9.48%. All reports have tied the crash to escalating concerns over Trump’s proposed tariffs on Canadian and Mexican imports and levies on Chinese goods, which investors fear could destabilize global trade and inflation. Bitcoin’s relative stability contrasted with altcoins’ meltdown, highlighting its perceived role as a digital safe haven. However, its drop below $87,000 — seeing a 7% daily decline — still reflected broader market anxiety for even the top crypto asset. Alongside this, U.S. Treasury yields rose Tuesday morning, compounding pressure on speculative assets, and benchmark stock indices are all down. Monday’s and Tuesday’s major crypto sell-off highlighted altcoins’ acute sensitivity to macroeconomic shifts, with losses far outpacing bitcoin’s. The crash, now the worst of 2025, signals deepening ties between crypto markets and geopolitical policy — a reality challenging the sector’s decentralized ethos.

Among the trending smart contract platforms, $SUI has caught the attention of traders. Van de Poppe remains bullish on SUI for the long term but warns that a sharp decline to $1.50 is still in play. “This has been one of the trending ones and I think it will continue to show strength… I think that, ultimately, the area at $2.50 is the key zone,” he explained. If SUI loses the trend and drops below $1.50, it could face a 40-50% decline. On the flip side, if it enters a full bull cycle, the upside potential ranges between 300% and 800%. SUI has also secured its position for the best crypto projects for 2025 list by CNF. Source: Michaël van de Poppe The final layer-1 altcoin on Van de Poppe’s watchlist is Sonic (S), which has been experiencing strong momentum. Describing it as “the new, shiny, diamond in the markets,” the analyst suggests that Sonic’s uptrend is far from over.

🚀 Top Gainer Crypto Prices Today 📈 Story $IP – $4.72 (+20%) 📈 DeXe $DEXE – $19.11 (+4%) 📈 FTX Token $FTT – $1.91 (+1%) 🔻 Top Loser Crypto Prices Today 📉 Hyperliquid $HYPE – $18.58 (-16%) 📉 Sonic $S – $0.7257 (-15%) 📉 LidoDAO $LDO – $1.37 (-15%) #Crypto #TopGainers #TopLosers