What is Sonic (prev. FTM)?
Sonic (prev. FTM) is a type of digital cryptocurrency that utilizes peer-to-peer transactions, mining, and other technological feats as a modern-day asset.
Sonic (prev. FTM) goals
Sonic (prev. FTM) aims to provide a store of value, unit of account, and medium of exchange. The potential use cases and applications of the technology include providing a digital form of money for goods and services.
Marketcap
$1.628B
Total number of Sonic (prev. FTM)
3175000000 S
Sonic (prev. FTM) technology
Sonic (prev. FTM) works with the help of the blockchain, miners or validators, and users. Once one user sends a cryptocurrency to another, cryptocurrency miners validate and then add the transaction to the blockchain.
Sonic (prev. FTM) price history
Frequently asked questions
The current price of Sonic (prev. FTM) is $0.5321.
Crypto mining is the process of securing and validating transactions on a blockchain network. Miners compete to solve complex mathematical equations, and the miner who gets the correct response adds the transactions to the network and receives block rewards.
Staking crypto entails locking up your crypto asset to secure a particular network. It is a way to earn passive income and is more energy-efficient than mining.
Cryptocurrency gains value through adoption and market speculators. If the demand for a digital asset is high, then the value will rise.
The blockchain is a distributed ledger that secures cryptocurrency transactions.
Cryptocurrency provides a digital form of money, a store of value, unit of account, and medium of exchange.
You can buy cryptocurrency on a regulated cryptocurrency exchange like Coinbase, or through a cryptocurrency automated teller machine (ATM).
Cryptocurrency works with the help of the blockchain, miners or validators, and users. The blockchain is a distributed ledger that secures cryptocurrency transactions.
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