Synapse (SYN) has been making significant strides in the crypto market, with its price surging by 40% following its listing on Binance Futures. Trader reports suggest that SYN Coin, which has experienced a massive boost of over 27,000% in less than a year, is showing considerable strength. In addition, SYN was recently made available on INDODAX and offers promise in India's crypto market.
Furthermore, SYN Coin has been supported by substantial funding, including a $3 million seed financing for Synota and a $22 million backing from Pantera, Susquehanna, and HashKey for DEX SynFutures. However, the recent 9 million SYN token dump by Nima Capital raised concerns about possible VC rug pull.
Additionally, SYN City revealed its token auction supported by Merit Circle and GuildFi, while FTX and Alameda Research cashed out $10.8M to Binance, Coinbase, Wintermute. Furthermore, SynFutures has launched a Bitcoin (BTC) hash rate futures contract, essentially decentralizing its operations with its foundation and governance token.
In terms of 'Syn' related news, Slimming World's 'Syn' value revision for Porky Lights sausages turned out to be negative, with popular 'free' foods now listed as syns. On the other hand, the Sovereign Aboriginal Yidindji Nation recently unveiled its own CBDC.
SYN Coin News Analytics from Wed, 01 Mar 2017 08:00:00 GMT to Mon, 06 Jan 2025 09:39:29 GMT - Rating 8 - Innovation 5 - Information 6 - Rumor -3