⇑ SYN Coin Soars Amid Binance Listing and Promising Future Predictions
Recent events concerning the Synapse (SYN) cryptocurrency have produced rich investor interest. Many factors are contributing to the increased...
The Synapse (SYN) Coin is recently gaining significant recognition in the cryptocurrency market, with a notable 40% price increase following its listing on Binance Futures. This price surge has sparked notable interest in how to purchase SYN and predictions for its future pricing trend. Related to SYN, the Ethereum-based interoperability Altcoin witnessed a price jump after the Binance Futures Listing while SynFutures secured substantial financial backing from Pantera, Susquehanna, and HashKey.
SYN underwent additional upward pressure as Binance Futures announced a USD-Margined SYN Perpetual Contract with 50x leverage. However, the community expressed concerns over Nima Capital offloading 9M SYN tokens. Despite that, SYN responded to selling pressure with a 17% bounce. Furthermore, Blockchain-based AI Compute Protocol Gensyn managed to clinch $43M in series A funding round, led by a16z.
Cryptocurrency speculation also points towards SYN, labeled among the best new cryptocurrencies worth watching in 2024. Conversely, Synapse saw a drop in its token and Total Value Locked (TVL) following a major liquidity provider sell-off. Finally, emerging SYN-related projects provide a promising outlook for SYN; Crypto options trading startup Synquote raised $2.8M from Initialized, and Polygon SynFutures introduced a 'Perp Launchpad' with a $1M grant to support upcoming token schemes.
SYN Coin News Analytics from Mon, 05 Feb 2018 15:43:40 GMT to Wed, 06 Nov 2024 21:00:51 GMT - Rating 6 - Innovation 8 - Information 6 - Rumor 4