Synthetix jumps 16% as DAO seals Jump Crypto liquidity deal

Synthetix (SNX/USD) has traded higher over the past 24 hours, with gains of over 16% seen in the price of the SNX token. Currently, the SNX/USD pair is changing hands around $3.26 (£2.71), up more than 23% on the weekly timeframe and positive for the month with nearly 5%.

Timeline of Synthetix-network-token

Synthetix SNX/USD remains under pressure; the price of this cryptocurrency fell from $8.19 to $1.42 since April 01, 2022, and the current price stands at $2.52. Synthetix offers the best price execution for traders Synthetix is a project that enables the creation of synthetic assets and offers unique derivatives and exposure to real-world assets on The post Synthetix (SNX) price prediction after the relentless sell-off appeared first on Invezz.

Synthetix [SNX] secured the top spot as the biggest gainer in the list of top 100 cryptocurrencies by market cap during the trading session on 20 June. The token rallied by more than 60% on the heels of strong volumes on the Synthetix platform.

After plunging below $18,000 over the weekend to trade at a price of SNX, the native token of Synthetix decentralized finance (DeFi) platform, has gained more than 100% to usher in the week. SNX has proven to be the stock with the biggest rise on Monday.

Synthetix racked up $1 million in daily fees while the SNX token surged by 100% and collaborated with Curve Finance to create pools for sETH/ETH and sBTC/BTC allowing investors to convert synths into the token so let's read more today in our latest altcoin news. The layer-2 scaling solution Synthetix collaborated with the liquidity provider