Synapse Self Reported Market Capitalization Tops $112.61 Million (SYN)

by · The Markets Daily

Synapse (SYN) traded 1.7% higher against the US dollar during the 1-day period ending at 17:00 PM ET on October 20th. Over the last seven days, Synapse has traded up 22% against the US dollar. Synapse has a market cap of $112.61 million and approximately $3.19 million worth of Synapse was traded on exchanges in the last day. One Synapse token can now be bought for approximately $0.62 or 0.00000910 BTC on major cryptocurrency exchanges.

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

  • 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 2.2% lower 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.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
  • MVP Coin (MVP) traded 1.8% higher against the dollar and now trades at $0.0801 or 0.00000117 BTC.
  • P2P Solutions foundation (P2PS) traded 2.3% higher against the dollar and now trades at $175.07 or 0.00254885 BTC.

Synapse Token Profile

Synapse’s launch date was August 29th, 2021. Synapse’s total supply is 213,159,143 tokens and its circulating supply is 180,209,601 tokens. Synapse’s official Twitter account is @synapseprotocol and its Facebook page is accessible here. The official message board for Synapse is medium.com/@synapseprotocol. The official website for Synapse is synapseprotocol.com.

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 possible to buy alternative cryptocurrencies such as Synapse directly using US dollars. Investors seeking to trade Synapse should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Synapse using one of the aforementioned exchanges.

SYN/USD price chart by TradingView