Sonic SVM (SONIC), a Solana virtual machine, has unveiled its tokenomics ahead of its Token Generation Event (TGE). A significant portion of the SONIC token supply, amounting to 57%, will be allocated to the community. The total supply of the token will be 2.4 billion. The TGE for Sonic SVM is scheduled to take place on January 7, 2023. The initial distribution will comprise 15% of the total issuance. Additionally, an airdrop checker will be released on January 3, 2023. In related news, Bybit, a prominent cryptocurrency exchange, has announced that it will list SONIC on January 7, 2023. This listing will provide increased accessibility and liquidity for SONIC token holders. The token allocation strategy adopted by Sonic SVM demonstrates its commitment to community involvement and decentralization. By allocating a substantial portion of the token supply to the community, Sonic SVM aims to foster a strong and engaged ecosystem.