Synthetix Price Down 0.5% Over Last 7 Days (SNX)

Synthetix (SNX) traded up 0.1% against the US dollar during the 24 hour period ending at 8:00 AM E.T. on February 14th. Synthetix has a total market capitalization of $338.89 million and $56.96 million worth of Synthetix was traded on exchanges in the last 24 hours. Over the last seven days, Synthetix has traded down 0.5% against the US dollar. One Synthetix coin can currently be bought for $1.00 or 0.00001033 BTC on popular cryptocurrency exchanges.

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.
• SolvBTC (SOLVBTC) traded up 0.9% against the dollar and now trades at $96,602.06 or 0.99999129 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.1% higher against the dollar and now trades at $96,193.30 or 0.99575994 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Synthetix Profile

Synthetix’s genesis date was March 11th, 2018. Synthetix’s total supply is 339,889,850 coins and its circulating supply is 339,466,217 coins. The official message board for Synthetix is research.synthetix.io. 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 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.”

Buying and Selling Synthetix

It is usually not presently possible to buy alternative cryptocurrencies such as Synthetix directly using US dollars. Investors seeking to acquire Synthetix 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 Synthetix using one of the exchanges listed above.

SNX/USD price chart by TradingView