Synapse Coin (SYN) has witnessed a dramatic increase in price, soaring 40% after Binance Futures listing. The Ethereum-based interoperability altcoin has garnered buzz and attention from investors, also igniting a dramatic increase in value. It has been featured as one of the best new cryptocurrencies, alongside other notable ones such as JetBolt, Notcoin, Pendle, Toncoin, and dYdX. The technology behind the coin, focusing on blockchain interoperability, has been praised and explored in a guest post by BH News. Further cementing its standing, SYN faced the recent selling pressure with a 17% bounce, and a surge of 96% in a week, leading to investors posing questions regarding its rapid growth.
However, there has been controversy regarding SYN’s price dive as 9M SYN tokens were abruptly dumped. Nima Capital has drawn the ire of the SYN community and has gone dark after this move. Yet, despite this hiccup, the SYN continues to forge ahead. Information on how to buy SYN is available and it is now possible to transfer tokens from Ethereum to Avalanche via the Synapse Bridge. Despite these promising advances, investors should tread carefully due to the unpredictability of the crypto world.
Synapse Coin News Analytics from Mon, 05 Feb 2018 15:43:40 GMT to Mon, 07 Oct 2024 07:00:00 GMT - Rating 5 - Innovation 8 - Information 7 - Rumor 3