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Data: Synthetix (SNX) Investors Are Accumulating the Coin In Waves

It’s been a tough past few days for the entire crypto market. Synthetix Network Token (SNX), in particular, has dropped rather hard: the coin is down 5% in the past 24 hours alone and nearly 20% below the local highs. Despite the drop and widespread range trading seen over the past month, investors are bullish. Related Reading: Ethereum Transaction Fees Surge to All-Time Highs After Uniswap Launch Synthetix Network Token (SNX) Is Being Accumulated En-Masse: Blockchain Data According to Matt Casto, a crypto-asset analyst working for CMT Digital, there are clear signs that SNX is being accumulated en-masse. He shared…

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Synthetix (SNX)- The Biggest Ecosystem in Decentralized Finance

If you are a blockchain enthusiast, you must have heard a lot about decentralized finance. In this article, we will focus on one of the most trending topics that is Synthetix, and what role it plays in DeFi space.   Table of Contents   Understanding Synthetix  Deeping Dive into Synthetix Incentives for Stalking SNX Recent … Read More

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