Synthetix Price Analysis for 1st of September: SNX/USD Consolidates Below 21-Day Moving Average
The Synthetix flat market trend started on the 20th of August when the market touched a support level of $2.
SNX Crosses Above $3.0 Resistance, Massive Gains on TAMA
After breaking above the moving averages, the Synthetix price prediction moves to cross above the upper boundary of the channel.
Synthetix’s trading volume surges by >700% thanks to
The layer-2 scaling solution Synthetix undertook some important developments this month. Often described as a “blue chip” DeFi project, Synthetix was one of the first projects to launch on the…
SNX Spikes Above $50 Level; 10000X Returns Coming on TAMA
The Synthetix price prediction shows that SNX is facing the upside as the coin moves to break above the 9-day moving average to reach $3.15.
Synthetix (SNX) Price Doesn’t Follow Revenue Boom, Here’s Why
Analysts from Messari solved puzzle of dramatic imbalance between Synthetix (SNX) activity metric and price of its token
Synthetix (SNX) Founder Proposes Ending High Yield Returns With 300M Capped Supply
Synthetix founder Kain Warwick has submitted a proposal to turn off SNX’s high yield returns and cap its supply at 300 million tokens. The post Synthetix (SNX) Founder Proposes Ending…
Synthetix Looks For 14% Gains Following This Bullish Formation
The Synthetix price analysis is bullish today. The price is gearing up to mint more gains amid the recent bullish market structure.
DeFi Platform Synthetix’s Founder Proposes Capping Token Supply at 300M, Here’s Why
The inflationary model helped bootstrap the Synthetix ecosystem and was no longer needed, founder Kain Warwick explained.
Synthetix Trading Volume Reaches New Low Tumbling More Than $800 Million
Synthetix plunged in volume during July due to a significant decline in trading activity across centralized and decentralized exchanges. The post Synthetix Trading Volume Reaches New Low Tumbling More Than…
Synthetix looks to turn off the SNX money printer once and for all
If the proposal were to take effect, Synthetix would much more closely resemble a traditional business by simply generating fee revenue and distributing the proceeds to SNX holders.
