snx is the best lending and swap platform I have used, the rwa feature is advanced, and the project team dares to innovate and strives for excellence

$SNX I think SNX could potentially drop to 2 yuan, mainly based on the following reasons: First, the competition in the DeFi space is becoming increasingly fierce, with new protocols continuously emerging, which could seize market share from Synthetix, especially dydx, gmx, etc. Second, the Synthetix protocol itself also faces certain risks, such as future protocol upgrades that may introduce new vulnerabilities, or changes in regulatory policies that could have adverse effects on it. In addition, the inflation model of the SNX token and the token release schedule may also put downward pressure on its price. Finally, if the global macroeconomic situation worsens, it could lead to a decline in the entire cryptocurrency market, making it difficult for SNX to escape. Considering all these factors, I believe there is a risk that SNX could fall to 2 yuan.