Sonik is a new meme coin based on the popular Sonic The Hedgehog character from Sega. In addition to providing lots of laughs, the token offers generous staking rewards and high appreciation potential.
$SONIK is currently on presale, giving investors a chance to buy this token at the lowest price. We’ll explain how to buy Sonik tokens.
How to Buy Sonik Tokens During Presale
Investors can buy $SONIK tokens during the project’s presale, going on right now. Here’s how.
Step 1: Set Up a Crypto Wallet
Investors must have a crypto wallet like MetaMask to purchase $SONIK tokens during the presale.
To install MetaMask, visit the wallet’s website and download the wallet app. Set up a password for the new wallet account and write down the seed phrase.
Step 2: Buy Ethereum or Tether
Investors will need Ethereum (ETH) or Tether (USDT) to swap for $SONIK on the presale platform.
The easiest way to buy ETH or USDT is to use a centralized exchange. Many exchanges accept credit cards, debit cards, and bank transfers. Make a deposit, buy the tokens, and then transfer them to the MetaMask wallet set up in Step 1.
Step 3: Visit the Sonik Presale
Head to the Sonik presale website and click ‘Connect Wallet’ to connect the MetaMask wallet.
Step 4: Buy $SONIK
Enter the amount of ETH or USDT to spend on $SONIK tokens. The presale site will automatically calculate the corresponding amount of $SONIK based on the current price.
Then click ‘Buy Now’ to complete the transaction.
Step 5: Claim Tokens
Sonik will release all purchased $SONIK tokens at the end of the presale. When it’s time to claim tokens, return to the presale site and connect the MetaMask wallet. Then click ‘Claim Tokens.’
What is Sonik Coin?
Sonik is a new meme coin that just launched its presale. It’s one of the best emerging cryptos on the market already, having raised more than $1.3 million from $SONIK token sales in just over two weeks.
The meme coin is based on Sonic The Hedgehog, a video game character developed by Sega in the early 1990s. Sonic has featured in multiple video games and even movies. Note that Sonik is not affiliated with Sega or the Sonic The Hedgehog brand.
Sonik is relatively unique among meme coins in that it offers utility to investors. Investors can stake this ERC-20 token and earn rewards in the form of additional $SONIK tokens.
The project aims to become the fastest meme coin to reach a $100 million market cap. While that might sound ambitious—it represents a 25x gain from the token’s planned launch price—other meme coins have seen huge success in recent months. For example, $PEPE exploded 10,000% after its launch.
The Purpose of the $SONIK Token
$SONIK is a meme coin, meaning that it’s main purpose is speculation. The token isn’t solving any real-world problems, but it does give crypto investors a chance to laugh and potentially earn returns by chasing a price pump.
The token’s goal is to reach a market cap of $100 million. It plans to launch with a market cap of just over $4 million, so presale investors stand to see gains of 25x if Sonik reaches its goal.
That said, $SONIK investors can look forward to staking rewards. This is a major benefit to owning $SONIK, since most of the top meme coins don’t offer rewards. 40% of the total supply of $SONIK tokens is set aside for rewards.
Reasons to Invest in Sonik
Sonik has captured the attention of investors as one of the top cryptocurrencies to invest in right now. Let’s take a look at why investors are buying $SONIK.
Many investors and analysts think that Sonik could be the next meme coin to explode. It’s based on a popular video game character and follows closely on the heels of many successful meme coin launches this summer. It’s also launching just as the crypto winter is coming to an end.
The presale offers the best chance for investors to lock in $SONIK tokens at a low price, before the coin pumps in its ICO. While nothing is guaranteed, Sonik’s goal is to deliver 25x returns to investors and reach a $100 million market cap.
Sonik is unique among meme coins in that it offers investors an opportunity to stake their tokens and earn more $SONIK. Anyone who owns $SONIK can stake their tokens and start earning rewards.
At the time of writing more than 40 billion tokens have already been locked into the staking pool, with the Sonik staking dashboard revealing that those who stake their tokens can earn 9,125 $SONIK per simulated block.
That means those who have locked their bag into the pool now will get an estimated annualized yield percentage (APY) of 58%.
Sonik also has a four-year unlocking cycle meaning that, unlike many other meme coins, will give it a long-term shelf life rather than booming and busting in just days or weeks.
Those staking should note that there is a minimum seven-day locking period.
Sonik Tokenomics and Presale Information
$SONIK is an ERC-20 token built on the Ethereum blockchain. It has a total supply of 299,792,458,000 tokens, which is the speed of light in meters per second—the idea being that that’s how fast Sonic The Hedgehog runs.
Half of the total supply is allocated for the $SONIK presale, which has a hard cap of $2,098,547. Of the remaining tokens, 40% are allocated for staking rewards and 10% are locked to provide exchange liquidity.
The $SONIK presale only has one stage and it’s already sold more than $1.3 million worth of $SONIK tokens – the token has a fixed priced of $0.000014 throughout the presale.
Sonik Price Prediction—What Is the Potential of $SONIK?
It’s hard to predict a price for $SONIK since the presale just launched and the token has no prior price history.
Similar meme coins have delivered 10x returns within a few weeks of launching. Analysts like Jacob Crypto Bury have suggested that $SONIK could follow in the footsteps of meme coins like $PEPE, $SPONGE, and $SHIB.
Michael Wrubel, who has more than 300,000 YouTube subscribers, believes the token could be his “next $1,000,000 meme crypto”.
Notably, none of these coins offered staking rewards, so $SONIK could potentially be even bigger as investors lock up their tokens and limit the circulating supply.
Investors should keep in mind that there are no guarantees about where $SONIK will go. However, there are great reasons to be bullish about this token and the presale provides a chance to lock in a low price.
Sonik is a new meme coin that has now raised more than $1.3 million in just over two weeks since launch. The token offers huge staking rewards – with a current estimated APY of 58% – as well as enormous appreciation potential, with a goal of growing 25x from launch to reach a market cap of $100 million.
During the presale, investors can buy $SONIK at a price of $0.000014. However, the presale is set to close on Tuesday, September 5 at 2pm UTC, with rumors that the IEO could take place later that week.