Synthetix (SNX) Hits 24 Hour Volume of $9.83 Million

Synthetix (SNX) traded 0.9% lower against the U.S. dollar during the 24-hour period ending at 8:00 AM Eastern on October 6th. Synthetix has a total market capitalization of $460.41 million and approximately $9.83 million worth of Synthetix was traded on exchanges in the last 24 hours. One Synthetix coin can now be purchased for approximately $1.40 or 0.00002262 BTC on exchanges. In the last seven days, Synthetix has traded down 15.9% against the U.S. dollar.

Here’s how other cryptocurrencies have performed in 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 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.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 0.1% against the dollar and now trades at $0.0412 or 0.00000066 BTC.
• P2P Solutions foundation (P2PS) traded up 0.2% against the dollar and now trades at $156.90 or 0.00252679 BTC.

Synthetix Coin Profile

Synthetix was first traded on March 11th, 2018. Synthetix’s total supply is 328,193,104 coins and its circulating supply is 327,769,196 coins. Synthetix’s official message board is research.synthetix.io. Synthetix’s official Twitter account is @synthetix_io and its Facebook page is accessible here. Synthetix’s official website 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 purchase alternative cryptocurrencies such as Synthetix directly using US dollars. Investors seeking to trade Synthetix should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Synthetix using one of the exchanges listed above.

SNX/USD price chart by TradingView