DeFiBearishCrypto Briefing · 2h ago6/10
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Sonic Labs board reshuffles as S token trades 97% below peak
Sonic Labs has undergone a board reshuffle amid significant losses in its native S token, which has depreciated 97% from its peak. This restructuring reflects broader challenges in the DeFi sector as the project attempts to rebuild credibility and restore liquidity in a severely damaged ecosystem.
