Synapse (SYN) is witnessing an unprecedented surge as
Binance unveils futures listing, pushing up SYN's price by 40%. The major boost reinforces the strength of SYN coin in the crypto landscape as it bounces back by 17% amidst selling pressure. Despite the volatility, experts remain largely bullish about SYN's future, even as some spectators predict a further 75% surge for this under-the-radar altcoin.
However, the SYN coin saw a 20% drop following a significant sell-off by a liquidity provider. Furthermore, an unfortunate event where Nima Capital allegedly dumped 9 million SYN tokens leading to a 'VC rug,' resulted in negativities within the community.
On the brighter side, SYN coin has been subject to ambitious projects including the launch of a
Play-to-Earn 'Mafia' Game backed by a former TRON exec and Twitch co-founder.
Blockchain-based AI computing protocol Gensyn drew attention with its successful $43M Series A funding round.
SynFutures, a launchpad for futures trading, clearly caught market interest raising $22M from big investors.
Irrespective of these hiccups, as the crypto world recognizes the need for interoperability, the prospects for cross-chain coins like SYN are blooming. As the industry evolves, the focus is shifting towards developing and backing initiatives that enhance digital coin usability and expand investor bases.
SYN Coin News Analytics from Mon, 05 Feb 2018 15:43:40 GMT to Fri, 20 Sep 2024 07:00:00 GMT -
Rating 8
- Innovation 3
- Information 7
- Rumor -2
