Focus on SNX
Two days ago, Kain Warwick, one of the co-founders of Synthetix, introduced Infinex. Infinex integrates decentralized financial applications into a simpler interface. The launch includes Infinex accounts, which started a user waitlist two days ago. The move may bring more users to Synthetix and increase the demand for SNX tokens.
Currently, SNX/USD is trading at $2.68.
Breaking through the $2.60 resistance level, the target is $3.00, trading above the 9-day and 21-day moving averages.