SNX, an old Real World Assets (RWA) tokenization project that hasn't really taken off yet.$
Synthetix (SNX) is a protocol on the Ethereum blockchain that enables the creation and exchange of synthetic tokens representing various assets, including Real World Assets (RWA). Although Synthetix is primarily known for creating synthetic tokens tied to cryptocurrencies such as BTC, ETH, etc., it is possible to use the Synthetix protocol to tokenize real assets by issuing synthetic tokens that represent those assets on the Ethereum blockchain.
Currently, the project has broken through weekly resistance and is getting ready to take off.
Pay attention to the new RWA project having a low quantity of tokens in circulation, because never forget the reasoning of the masses who always buy late and always sell at the wrong time:
The price goes up = Good project
The price goes down = bad project
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