Cryptocurrency Synthetix Network Up More Than 6% In 24 hours
Portfolio Pulse from Benzinga Insights
Synthetix Network's (CRYPTO: SNX) price has increased by 6.14% over the past 24 hours to $2.9, despite a 3.0% loss over the past week. The coin's all-time high is $28.53. The trading volume for the coin has fallen 40.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has decreased 0.25%. The current market cap ranking for SNX is #47 at $931.55 million.
July 27, 2023 | 3:01 pm
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Synthetix Network's price has increased by 6.14% over the past 24 hours. However, its trading volume has fallen 40.0% over the past week, indicating a decrease in interest or activity around this asset.
The increase in price could lead to short-term positive momentum for SNX. However, the decrease in trading volume could indicate a decrease in interest or activity around this asset, which could potentially impact its price negatively in the future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100