Synthetix (SNX) 24-Hour Volume Hits $50.35 Million

Synthetix (SNX) traded down 2% against the dollar during the 24-hour period ending at 14:00 PM E.T. on April 16th. One Synthetix coin can currently be bought for $2.89 or 0.00004608 BTC on popular cryptocurrency exchanges. Synthetix has a market cap of $948.57 million and approximately $50.35 million worth of Synthetix was traded on exchanges in the last day. Over the last seven days, Synthetix has traded down 28.4% against the dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 3.7% against the dollar and now trades at $0.34 or 0.00000539 BTC.
• 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 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 1.2% higher 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 down 0.4% against the dollar and now trades at $0.0086 or 0.00000014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Synthetix Coin Profile

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

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 currently 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 Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Synthetix using one of the aforementioned exchanges.

SNX/USD price chart by TradingView

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