Sonic Inu

Purpose and Utility

Sonic Inu (SONIC) is a meme token on the Ethereum blockchain that was launched in 2023. The project aims to combine meme culture with blockchain gaming utility, though specific gaming implementations are still in development.

Business Model

The token operates primarily as a speculative trading asset with an intended future expansion into gaming. While the gaming aspects are not yet implemented, the basic token trading functionality does not involve any inherently haram activities.

Real-World Adoption

The token is primarily traded on decentralized exchanges like Uniswap. Trading volumes indicate active market participation, though primarily speculative in nature.

Development Activity

The project shows limited public development activity. The team maintains social media presence but technical development progress is not readily visible.

Token Distribution

The token has a total supply of 100 quadrillion SONIC. Initial liquidity was provided to decentralized exchanges, with no clear information about team token allocations or vesting schedules.

Marketing and Development

The project focuses heavily on community building and marketing through social media channels, which is typical for meme tokens.