Fantom (#FTM) will soon be rebranded to Sonic (#S). A new brand, new narrative and new tokenomics 🫡
#Sonic (S) confirmed there will be an airdrop for users, 6% of total supply, 25% TGE unlocked. This is equivalent to 47,925,000 S unlocked at the beginning.
This is less than 1/6 of the FTM/USDT daily Spot volume on Binance. I don't think it will have a huge impact on FTM (S) price action but it won't be a very positive price action either.
