Synapse Hits Self Reported Market Capitalization of $85.54 Million (SYN)

by · The Markets Daily

Synapse (SYN) traded down 7.7% against the US dollar during the 24 hour period ending at 11:00 AM E.T. on November 2nd. Synapse has a total market capitalization of $85.54 million and $5.15 million worth of Synapse was traded on exchanges in the last 24 hours. One Synapse token can currently be bought for $0.47 or 0.00000684 BTC on popular cryptocurrency exchanges. Over the last seven days, Synapse has traded down 20.6% against the US dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower 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.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • SolvBTC (SOLVBTC) traded 1.9% lower against the dollar and now trades at $69,309.45 or 0.99886971 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded down 1.9% against the dollar and now trades at $69,201.48 or 0.99731367 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Synapse Profile

Synapse’s genesis date was August 29th, 2021. Synapse’s total supply is 213,426,273 tokens and its circulating supply is 180,209,601 tokens. Synapse’s official website is synapseprotocol.com. Synapse’s official Twitter account is @synapseprotocol and its Facebook page is accessible here. The official message board for Synapse is medium.com/@synapseprotocol.

According to CryptoCompare, “Synapse (SYN) is a cross-chain interoperability token of the Synapse Protocol, enabling seamless asset bridging, swaps, and communication across multiple blockchains through its Synapse Interchain Network. SYN is used for governance, liquidity provider incentives, and transaction fees.”

Buying and Selling Synapse

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

SYN/USD price chart by TradingView