SYN's lowest price is 0.2633u, calculated at 100 times, the highest can reach 26.33u, currently at 0.6136u, with a 43 times profit, and a market cap reaching 5 billion u. The lowest price refers to the price available on Binance. Additionally, my holdings are based on months; those holding for less than ten minutes are unnecessary to engage with me. The above is purely personal analysis and does not constitute investment advice.
In line with the principle of not missing the last wave of tail-end trends, it is advised to clear positions around 20u, at the latest by November 25, welcome to return and dig up the grave at that time.
Token Introduction: Synapse is a universal interoperability protocol that enables secure cross-chain communication. Synapse connects blockchains by providing a scalable cross-chain messaging protocol supporting assets, smart contract calls, and more. By utilizing Synapse, blockchains can easily and securely interoperate, allowing developers to build truly cross-chain applications, including cross-chain DEX, lending platforms, margin systems, derivatives markets, yield aggregators, and more.
Sector: Defi Cross-chain Launch Date: 2021.8 Total Supply: 214 million Circulation: 197 million Circulating Market Cap: Approximately 11.8 million u Market Cap Ranking: 412 Listed Exchanges: 11
Official Community Status: Twitter: 72,000 followers, tweeting daily Discord: 24,849 members, average 1,626 online daily Telegram: 5,809 members, average 264 online daily
Token Distribution and Unlocking Status: Airdrop: 62% Future Distribution: 26.8% Liquidity Providers: 7.8% All liquidity for the Synapse protocol: 2.2% SynapseDAO Market Maker Loans: 1.2%
Unlocking Status: Currently, there are no unlocking plans, further information will be added later.
Introduction of Project CEO and Key Executives: Max Bronstein is the Chief Operating Officer of Synapse, previously responsible for institutional sales at Coinbase. He was in charge of operations and user growth for the Dharma protocol, leading the development of the marketing-related work for Dharma Lever, a no-credit margin loan product for crypto investment institutions. He has worked in the venture capital department of BTC Inc. and has been an advisor to DApperNetwork. Max Bronstein graduated from the University of California, Los Angeles, and helped create the UCLA Bitcoin Club. His articles have been featured in Nasdaq, Bitcoin Magazine, and Token Economy. His ambition is to become a financial geek in the fields of markets, economics, governance, and networks.
Project Financing Status: 2021-04-12 Strategic Financing 2 million USD CMS Holdings*, Three Arrows Capital*, Primitive Ventures, Immutable Capital
Project Characteristics: 1. Cross-chain Interoperability: The SYN blockchain network supports asset transfer and interoperability between different blockchains, meaning users can easily transfer assets across different blockchains without cumbersome exchange processes. 2. High Performance: The SYN network employs an efficient consensus mechanism that enables high throughput and low latency transaction confirmations, providing users with a fast and smooth payment experience. 3. Security: The SYN network utilizes multi-signature technology and advanced encryption algorithms to ensure the safety of user assets. Nodes in the network undergo strict screening to further reduce security risks. 4. Application of Decentralized Finance: The SYN blockchain network supports decentralized finance applications, allowing users to participate in lending, trading, payment, and various financial services for asset appreciation.
Important Project Event Information: 2022-07-29 Cross-chain liquidity protocol Synapse will launch Optimistic Rollup 'Synapse Chain' and release Synapse V2 2022-09-21 Synapse Chain: Evolving from a cross-chain communication protocol into Layer 0 cross-chain infrastructure 2023-09-12 Synapse launches Synapse Interchain Network and Synapse Chain cross-chain communication network testing.