⇗ SNX Coin: A Platform Innovating with Stakeholder Approval & Cross-Chain Liquidity
Synthetix (SNX) has recently undergone a significant revamp with 99% approval from its holders, bringing new attention to the platform. The SNX...
The articles cover a wide array of information about Synthetix (SNX). One piece talks about the significant overhaul that Synthetix is set to undergo after receiving a whopping 99% backing from the holders of the coin. It was also reported that a new Synthetix app chain is aiming to bring about cross-chain liquidity for SNX staking. Other articles focus on investing in Synthetix, the pros and cons the investors need to know, and the expected price of the coin in the years 2024, 2025, and 2030, as well as the current bullish run of SNX that has been driving its value up.
However, a negative note was struck by the report that the Gemini Crypto Exchange would be discontinuing its support for SNX along with some other altcoins. There is also a report on Synthetix's recent fundraising activity where it managed to net $20 Million from a Web3 quant trading firm, highlighting the growing interest in the DeFi protocol.
A lot of attention in the articles has been given to the price prediction of Synthetix (SNX) and several discuss on whether the current uptrend in its value will continue in the long-run. The coin's performance in the market, along with trading volumes, have also been a major focus in the articles. Moreover, the Synthetix's liquidity deal renewal with Jump Crypto positively impacted the SNX price with a 14% rise.
SNX Coin News Analytics from Wed, 05 Dec 2018 13:19:47 GMT to Thu, 10 Oct 2024 18:03:00 GMT - Rating 6 - Innovation 7 - Information 8 - Rumor -3