Cryptocurrency Synthetix Network Rises More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Synthetix Network's (CRYPTO: SNX) price has risen 5.86% to $2.76 in the past 24 hours, continuing its positive trend over the past week with a 34.0% gain. The trading volume for the coin has increased 270.0% over the past week, while the overall circulating supply of the coin has decreased 0.35%. The current market cap ranking for SNX is #47 at $883.00 million.
July 19, 2023 | 3:01 pm
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POSITIVE IMPACT
Synthetix Network's (CRYPTO: SNX) price has risen 5.86% to $2.76 in the past 24 hours, indicating a positive short-term impact on the asset.
The rise in Synthetix Network's price, along with an increase in trading volume and a decrease in circulating supply, suggests a positive short-term impact on the asset. The asset's market cap ranking also indicates its strong position in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100