SOON (SOON) has experienced a significant decline, dropping over 12% in the last 24 hours to trade at $0.7364 as of October 24, 2025. This downturn comes amid heightened trading volume and mixed sentiment within the community, with investors expressing concerns over the project's long-term utility. In contrast, IPO Genie's presale is gaining attention for its structured approach to decentralized investing. The platform offers access to pre-IPO opportunities and emphasizes compliance and transparency, partnering with firms like CertiK and Chainlink for expert review and data verification. Analysts observe a short-term bearish trend for SOON, with key support at $0.70 and resistance at $0.80.