Synapse (SYN) is an exploding entrant in the cryptocurrency market with its price
soaring by 40% after being listed on
Binance Futures. This Ethereum-based interoperability altcoin has been showing substantial strength, with traders highlighting its impressive growth of over
27,000% in under a year.
SynFutures, associated with Synapse, is rapidly decentralizing, powering its functions with a foundation and a governance token.
Syncoin (SNC), another name to look out for, has recently launched an exclusive presale featuring DAO governance, staking, and P2P encrypted chats.
SynFutures also contributes to the SYN ecosystem with an acceleration in its expansion through the combination of
AI and spot trading. In response to selling pressure, it bounced back swiftly with a
17% price surge. SYN’s prospects were clouded over briefly by a liquidity provider's sell-off, resulting in a 20% fall in its price. Controversy arose as Nima Capital went dark after offloading 9 million SYN tokens, stirring allegations from the community of a 'VC rug'. Nevertheless, SYN continues to forge ahead, with Pantera, Susquehanna, and HashKey backing DEX SynFutures with a
$22M funding. The uniqueness of SYN comes from its attribute as an
interoperability altcoin working towards the revolutionary vision of
on-chain finance. It has been listed on Coinbase and gained further steam as the
largest Ethereum whale initiated a heavy altcoin purchase.
SYN Coin News Analytics from Sat, 18 Jan 2020 08:00:00 GMT to Wed, 12 Mar 2025 09:29:53 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor -4
