Synthetix (SNX) Surges 24% but Here’s Why Traders Aren’t Buying the Hype
SNX, the native token of the Ethereum-based decentralized perpetual futures protocol Synthetix, has defied right now’s broader market downturn to emerge as the top-performing altcoin. Its worth has surged by 24% over the previous 24 hours amid renewed demand. The surge follows rising anticipation for the launch of Synthetix’s new perpetuals trade on Ethereum and…
