Synthetix (SNX) Trading Down 28.4% Over Last 7 Days

Synthetix (SNX) traded 2% lower against the U.S. dollar during the 24 hour period ending at 14:00 PM Eastern on April 16th. Synthetix has a total market cap of $948.57 million and $50.35 million worth of Synthetix was traded on exchanges in the last day. During the last seven days, Synthetix has traded down 28.4% against the U.S. dollar. One Synthetix coin can currently be purchased for $2.89 or 0.00004608 BTC on exchanges.

Here is how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 3.7% lower against the dollar and now trades at $0.34 or 0.00000539 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.4% lower against the dollar and now trades at $0.0086 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Synthetix Coin Profile

Synthetix’s launch date was March 11th, 2018. Synthetix’s total supply is 328,193,104 coins and its circulating supply is 327,769,196 coins. The official message board for Synthetix is research.synthetix.io. Synthetix’s official Twitter account is @synthetix_io and its Facebook page is accessible here. The official website for Synthetix is www.synthetix.io. The Reddit community for Synthetix is https://reddit.com/r/synthetix_io and the currency’s Github account can be viewed here.

According to CryptoCompare, “Synthetix (SNX) is a decentralized synthetic asset issuance protocol built on Ethereum. It allows the creation and trading of synthetic assets collateralized by SNX, used for hedging, gaining exposure to diverse assets, and trading on the price movements of real-world assets. SNX stakers are incentivized to contribute to the network and capture fees generated from Synth exchanges, which determine the value of the SNX token.”

Synthetix Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Synthetix directly using US dollars. Investors seeking to trade Synthetix should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Synthetix using one of the exchanges listed above.

SNX/USD price chart by TradingView