# $SONIC Catalyst Posts & Social Intelligence Recap — June 24, 2026 > **Asset:** $SONIC > **Date:** 2026-06-24 (June 24, 2026) > **Canonical URL:** https://cryptitalk.com/tokens/sonic/2026-06-24 > **Token Profile:** https://cryptitalk.com/tokens/sonic.md > **Market Rankings:** https://cryptitalk.com/rankings.md --- ## Curated Viral Posts & Community Evidence ### Post #1 by @MartinHo99999 > **Author:** Martin Ho ([@MartinHo99999](https://x.com/MartinHo99999)) > **Metrics:** 19 likes · 1 retweets · 14 comments · 3.4K views > **Posted:** 2026-06-24T02:30:00+00:00 > **Source Link:** [https://x.com/MartinHo99999/status/2069608952585728426](https://x.com/MartinHo99999/status/2069608952585728426) > **Visual Note:** The image displays an infographic showing the price drop for the token Sonic on CoinMarketCap. The price has dropped from $3.48 to $0.02 over a period of time, which resulted in a significant decline in its value. In the post, Andre Cronje is named as the renaming manager of this token and the company Fantom Price was also renamed. Furthermore, some people have hyped up this token too much by VN KOLs, resulting in a lot of investors losing money when they held on to it for a long time. The main focus should be on how CoinMarketCap is tracking these changes and how it will impact the value of Sonic tokens. > > "Token Sonic renamed from Fantom Price dropped from $3.48 to $0.02, and now Andre Cronje has officially left Sonic Labs. This L1 has been hyped up by a lot of VN KOLs too, anyone who held on is left with jack squat." ### Post #2 by @maurice2049 > **Author:** Maurice ([@maurice2049](https://x.com/maurice2049)) > **Metrics:** 55 likes · 8 retweets · 10 comments · 3.2K views > **Posted:** 2026-06-24T14:40:11+00:00 > **Source Link:** [https://x.com/maurice2049/status/2069792708340724052](https://x.com/maurice2049/status/2069792708340724052) > **Visual Note:** The image showcases a screenshot of a stock trading dashboard with a red line indicating a significant price drop for @SonicLabs shares. The downward trend has reached its lowest point, creating a sense of disappointment or sadness among investors. However, there is also some support from community sentiment that things might turn around in the future. Overall, it conveys the feeling of a challenging investment environment and possibly an uncertain economic landscape. > > "I've been tracking @SonicLabs for four years. The core members of the founding team have all left, the price has plummeted straight to a new low, community sentiment is rock bottom, everyone's cursing AC as a scumbag, screwing over everyone yet again and again and again. But my" ### Post #3 by @Jackcrypto4life > **Author:** Jack.Sonic ([@Jackcrypto4life](https://x.com/Jackcrypto4life)) > **Metrics:** 20 likes · 1 retweets · 1 comments · 324 views > **Posted:** 2026-06-24T23:41:12+00:00 > **Source Link:** [https://x.com/Jackcrypto4life/status/2069928861169856889](https://x.com/Jackcrypto4life/status/2069928861169856889) > **Visual Note:** The image features a black background with white text that reads "Minting Update" at the top, followed by "Sonic just changed its tokenomics." The text suggests that the company has recently updated their tokenomics system, which may involve burning tokens instead of minting them to create a more deflationary environment. This change in approach is aimed at maintaining a scarce supply and increasing the value of the tokens over time. > > "Sonic just changed its tokenomics. Instead of minting this year's scheduled allocation of 47.6M $S , they chose not to mint it. The focus now? Continue burning $S to keep the token scarcer and more deflationary. That's a strong signal of confidence in" ### Post #4 by @CoinMarketCap:Coinlineup > **Author:** ([@CoinMarketCap:Coinlineup](https://x.com/CoinMarketCap:Coinlineup)) > **Metrics:** 0 likes · 0 retweets · 0 comments · 300 views > **Posted:** 2026-06-24T04:05:55.134274+00:00 > **Source Link:** [https://coinmarketcap.com/community/articles/6a3b576e2b91f8497edc2eba/](https://coinmarketcap.com/community/articles/6a3b576e2b91f8497edc2eba/) > > "Andre Cronje Leaves Sonic Labs Board Amid Company Overhaul Andre Cronje, Michael Kong, and David Richardson are stepping down from the Sonic Labs board as the company undergoes a leadership overhaul that installs new executive management and a dedica" --- *Generated by Context Pilot Social Intelligence Engine.*