In the Synthetix Network (SNX) 2022 price forecast we use statistics, price patterns and other information about SNX to analyze the future movement of the cryptocurrency.
Let’s take a closer look at it.
Synthetix Network Price Now
Real Time SNX Price Data at $3.69 on 24-hour trading volume of €198,783,333. Synthetix shares are down 6.93% in the last 24 hours. Update this page of Letizo.com as soon as you want to know a new price.
The current CoinMarketCap rating is #86 with a market capitalization of $424,278,749. Its circulating offering is 114,841,533 SNX Coins and its maximum offering is 212,424,133 SNX Coins.
Today Synthetix Network Token is up by 26.69%. The leading exchanges to trade SNX to USD are currently Binance, OKX, BingX and Bybit.
Synthetix Coins (SNX) in Circulation
According to Synthetix Network price charts SNX has a maximum supply of 212,424,133 coins, of which 114,841,533 SNX were in circulation as of February 2021.
Synthetix sold more than 60 million tokens during the seed round and token sale phase, raising $30 million.
SNX tokens can be purchased from major exchanges such as:
- Coinbase Pro;
- Uniswap (V2).
Comparison of SNX to BTC, ETH
Comparing BTC Vs ETH Vs Synthetix Network token prices can show that BTC, ETH and SNX price changes are moving in a certain trend. For example, when the price of BTC increases or decreases, the price of ETH and SNX will increase or decrease respectively. But SNX is gaining momentum compared to the dominant BTC and ETH coins.
Synthetix Network Price Prediction for 2022, 2025 and 2030
Algorithm-based forecasting experts have given SNX mixed forecasts for 2022 and beyond:
First, the token was expected to fall to an average price of $0.389 by the end of this year. Synthetix’s 2025 price prediction expected SNX to fall to an average price of $0.0791 by the end of the year.
Another Synthetix Network coin price chart forecast suggested SNX could sell at an average price of $3.20 in 2022. The 2030 Synthetix price forecast suggests that the token’s maximum price could reach $11.27 by 2030.
Price Prediction’s third long-term SNX to USD price forecast suggests the coin could trade at $3.26 in 2022, $9.99 in 2025, and $64.06 in 2030.
A Little About Synthetix
Synthetix is a decentralized finance (DeFi) protocol that allows on-chain exposure to a variety of cryptocurrency and non-cryptocurrency assets. The protocol is based on the Ethereum (ETH) blockchain and gives users access to highly liquid synthetic assets (Synths). Synths track the underlying asset and provide returns without having to own the asset directly.
The platform aims to expand the cryptocurrency space by introducing non-blockchain assets, providing access to a more reliable financial market.
So Synthetix’s Network coin news or price predictions could be wrong. Analyst opinions and algorithm based SNX token price predictions should not be used as a substitute for your own research. Always do your own due diligence before trading. And never invest or trade with money you can’t afford to lose.