The main reasons for potentially missing out on good opportunities by selling FTM before Sonic Swap are as follows:
Technological upgrades and ecological incentives
• High performance and decentralized bridge: Sonic Swap will provide a high-performance trading experience, advocating for "sub-second finality, instant, irreversible transactions." Unlike other blockchains, Sonic achieves final confirmation within a single block. Meanwhile, its official cross-chain bridge, Sonic Gateway, relies on the validator node network of the Sonic network, ensuring synchronization with the decentralization level of the Sonic network. These technological upgrades will enhance the attractiveness of Sonic Swap, attracting more users and capital inflows, potentially driving up the price of FTM.
• Ecological incentives and fee monetization: Sonic Labs will achieve user acquisition through significant upfront growth expenditures, including a subsidy of 200 million tokens. In addition, developers can earn a portion of the transaction fees generated from their applications (up to 90%), and this fee monetization mechanism may create a flywheel effect, further promoting the development of the Sonic ecosystem. These ecological incentives will bring more demand and application scenarios for FTM, potentially driving its price up.
Market expectations and trading volume
• Shift in market expectations: With the launch of Sonic Swap, the market's expectations for Fantom may undergo a positive shift. Investors and traders may expect that Sonic Swap will bring more trading opportunities and liquidity, thereby increasing the demand for FTM purchases. Selling FTM before Sonic Swap may result in missing out on the price increase opportunities brought by this shift in market expectations.
• Increase in trading volume: The launch of Sonic Swap may attract more traders, thereby increasing the trading volume of FTM. An increase in trading volume typically brings price volatility and upward trends, as more buy-sell transactions lead to rapid price changes and the formation of an upward trend. Selling FTM before Sonic Swap may result in missing price increase opportunities brought by this increase in trading volume.
Investor confidence and market sentiment
• Increase in investor confidence: The launch of Sonic Swap may enhance investor confidence in Fantom, as it indicates that Fantom is continuously innovating and expanding its ecosystem. The increase in investor confidence will lead to more capital flowing into the FTM market, thereby driving the price up. Selling FTM before Sonic Swap may lead to missing investment opportunities brought by this increase in investor confidence.
• Positive impact of market sentiment: The launch of Sonic Swap may trigger positive changes in market sentiment, igniting investor optimism and desire to purchase. The positive impact of market sentiment will drive up the price of FTM, as investors are more willing to buy and hold FTM driven by optimistic sentiment. Selling FTM before Sonic Swap may result in missing out on the price increase opportunities brought by this change in market sentiment.
