SYN Coin, also known as Synapse, has seen a substantial increase in the cryptocurrency market. The coin's recent strides have been powered up by multiple factors.
SynFutures, for instance, has decentralized with a foundation and governance token, adding a layer of security and expanding on its capacity to be more autonomous. SYN Coin price has experienced a significant surge of 40% following its listing on Binance Futures. The detailed process of purchasing Synapse in 4 steps also indicates its increasing accessibility and acceptance among crypto enthusiasts.
Additionally, a trader noted the extraordinary returns of a memecoin, which went up by over 27,000% within a year, impacting SYN's outlook. Plans for full-stack onchain financial infrastructure have also compounded its potential, backed by the introduction of a new 'F' token by SynFutures. Moreover, the cryptocurrency's recent listing on INDODAX has further boosted its market presence. However, Nima Capital's decision to unload 9 million SYN tokens has sparked some community concerns.
In line with this, knowledge pieces on investing in Synapse and details of how to buy SYN offers critical insights for potential investors. Pantera, Susquehanna, and HashKey's financial backing to DEX SynFutures, with a $22M funding, adds credibility and a strong financial buffer for SYN coin. Amid the usual crypto market turmoil, certain altcoins like Banana Gun token continue to spike in prices, providing relative stability to SYN coin investors.
Finally, BitKeep's decision to integrate the decentralized derivates exchange SynFutures and the possibility of a token airdrop have stoked the market's optimism, contributing to SYN coin's positive trajectory.
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