Recent events concerning the
Synapse (SYN) cryptocurrency have produced rich investor interest. Many factors are contributing to the increased attention surrounding the SYN Coin. First,
Binance Futures, a highly influential cryptocurrency exchange, announced the listing of SYN on their platform. This generated a significant
surge in the value of SYN, contributing to a 40% price increase. Additionally, Binance Futures revealed plans to introduce a
USDⓈ-Margined SYN Perpetual Contract with 50x Leverage, further heightening the prominence of the SYN token. Over the past week, the Synapse Coin has managed a
price surge of 96%. Another point of note is the strategic actions taken by the decentralized finance (DeFi) protocol
Synapse, which made a notable 17% bounce in response to increased selling pressure.
SynFutures, a decentralized exchange backed by Pantera, Susquehanna, and HashKey, raised significant capital of $22M. This was fueled by the coin's increased visibility, attention, and substantial market momentum. Further, the crypto options trading startup,
Synquote padded their coffers with a $2.8M investment from Initialized and Polygon. Looking further ahead, the SYN community is preparing for a considerable announcement that has stirred speculation within the investor community. However, it's not all rosy. There was a scenario, where a liquidity provider abruptly dumped 9 million SYN tokens, leading to a 20% plunge in price. Despite this setback, SynFutures V3 has gone live on Blast Mainnet with triple rewards, indicating an anticipation of a token debut. The
SYN Coin price predictions for the years forward to 2030 show fantastic promise for investors who maintain faith in the project, with many projections expecting the SYN price to hit $2 soon.
SYN Coin News Analytics from Mon, 05 Feb 2018 15:43:40 GMT to Thu, 31 Oct 2024 07:00:00 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor 3
