Synthetix SNX
$2.3554 4.42%
Latest Updates
Updated at 06:27$772,039,361.15
#95
$25,866,131.1 29.05%
-$0.10417 4.42%
-$0.32076 13.62%
What about Synthetix Network?
SNX is an ERC-20 token that runs on the Ethereum blockchain and allows users to trade on the Synthetix Network. SNX holders can use their tokens to mint synth assets, which are synthetic versions of real-world assets like fiat currencies, commodities, and stocks. SNX can be exchanged on most major platforms and can also be staked.
The Synthetix platform is planning on bringing non-crypto assets to the market, allowing users to diversify their portfolios further. As a token that powers this platform, SNX has a chance to have a bright future. Besides, considering it has been steadily ranked within the top 100 by market cap for quite a while, crypto investors have faith in it.
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