SYN Token
Market Open
22 Oct, 06:48 PM
$
0. 171800
-0.0115
-6.2739%
$
574,699 Volume
$ 0.1833
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SYNUSD Overview
SYNUSD denotes the market price of the SYN Token (SYN) quoted in US dollars. It shows how many USD are required to acquire one SYN and serves as the primary fiat-denominated reference for the token’s market value.
SYN Token (SYN) is a blockchain-native cryptocurrency that functions as a utility and governance token within its native protocol. The token was introduced in the early 2020s by the project’s founding development team; depending on the implementation, creators may be a known organization or a pseudonymous group. Key characteristics typically include decentralized issuance, on-chain transferability, and protocol-specific rights such as staking, voting, or fee discounts. Supply parameters differ by project, with some tokens using fixed caps and others employing scheduled emissions.
The SYNUSD price is established by supply-and-demand dynamics across spot markets, centralized and decentralized exchanges, and liquidity pools. Trading activity, market sentiment, protocol announcements, macroeconomic indicators and regulatory developments all influence the pair. Arbitrage across venues and changes in dollar strength also contribute to short-term price movements.
For traders and investors, SYNUSD provides a practical instrument for price discovery, portfolio valuation, hedging and speculation. It is used to measure performance against fiat, execute entry and exit strategies, and assess market appetite for the underlying token.
Volatility and liquidity can vary significantly across venues; tight spreads and deep order books improve execution, while low liquidity can increase slippage and risk.
SYN Token (SYN) is a blockchain-native cryptocurrency that functions as a utility and governance token within its native protocol. The token was introduced in the early 2020s by the project’s founding development team; depending on the implementation, creators may be a known organization or a pseudonymous group. Key characteristics typically include decentralized issuance, on-chain transferability, and protocol-specific rights such as staking, voting, or fee discounts. Supply parameters differ by project, with some tokens using fixed caps and others employing scheduled emissions.
The SYNUSD price is established by supply-and-demand dynamics across spot markets, centralized and decentralized exchanges, and liquidity pools. Trading activity, market sentiment, protocol announcements, macroeconomic indicators and regulatory developments all influence the pair. Arbitrage across venues and changes in dollar strength also contribute to short-term price movements.
For traders and investors, SYNUSD provides a practical instrument for price discovery, portfolio valuation, hedging and speculation. It is used to measure performance against fiat, execute entry and exit strategies, and assess market appetite for the underlying token.
Volatility and liquidity can vary significantly across venues; tight spreads and deep order books improve execution, while low liquidity can increase slippage and risk.
SYNUSD Chart
SonicStrategy Completes First Tranche of C$2.25 Million SYN Private Placement
The Toronto-listed digital asset infrastructure company received 7,922,535 SYN tokens instead of cash. The shares remain restricted under Canadian securities law until Feb. 9, 2027.
Tokenpost | 2 weeks ago
Synapse (SYN) Skyrockets 30% in Unexpected 24-Hour Breakout
After an explosive breakout drove the token toward $0.18, with intraday trading surpassing $0.20, Synapse (SYN) has abruptly come back into the spotlight. The fact that there doesn't seem to be a significant fundamental announcement that explains the rally makes the move especially odd.
U | 1 month ago
AI Crypto SYN Sinks 55% After Arthur Hayes' Bullish Endorsement
SYN has crashed over 65% from its June peak, leaving Arthur Hayes down around $610,000 as technicals warn of a drop toward $0.175.
Fxempire | 3 months ago
SYNUSD FAQ
What is the current SYN Token price?
The current price is $0.171800, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.0115 (-6.2739%), showing how much the asset has moved compared to the previous close.
What is the previous close for SYN Token?
The previous close was $0.183300, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-6.2739%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.168400) and highest ($0.184400) prices traded during the selected period, helping assess volatility.
Why is SYN Token (SYN) moving today?
Price movements in SYN Token are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.171800) is below the previous close ($0.183300), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for SYN Token?
You can view real-time charts, price updates, and market data for SYN Token (SYN) directly on this page.
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