Cryptocurrency Q&A How much is Synthetix protocol?

How much is Synthetix protocol?

Elena Elena Mon Jun 24 2024 | 6 answers 1159
Excuse me, I'm interested in learning more about the Synthetix protocol. Could you please elaborate on its current value and potential for appreciation? I understand it's a decentralized synthetic asset issuance protocol, but I'm curious about its market capitalization and the factors that influence its price fluctuations. Is it pegged to any particular asset or does it have its own intrinsic value? Also, what's the community sentiment towards this protocol, and are there any major updates or developments that could affect its price in the near future? Thank you for your time and insight. How much is Synthetix protocol?

6 answers

Daniele Daniele Wed Jun 26 2024
The market capitalization of Synthetix is currently estimated at $728.79 million USD.

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CharmedFantasy CharmedFantasy Wed Jun 26 2024
The 24-hour trading volume of SNX is recorded at $31.52 million USD.

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BitcoinBaroness BitcoinBaroness Wed Jun 26 2024
The price of SNX against USD is updated in real-time, reflecting the latest market conditions.

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GeishaMelodious GeishaMelodious Wed Jun 26 2024
The current live price of Synthetix stands at $2.223498 per unit, denoted as (SNX/USD).

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DigitalTreasureHunter DigitalTreasureHunter Wed Jun 26 2024
In the past 24 hours, the value of Synthetix has decreased by 6.79 percent.

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