Synthetix Network Token (SNX) Logo Thumb Synthetix Network Token SNX

Rank #64 Cryptocurrency

Price Synthetix Network Token (SNX)
30,832.96979   2.94646%

Market Cap. : IDR 8,328,262,982,000 2.94646%

Synthetix Network Token Price Live Data

The live Synthetix Network Token price today is IDR 30,832.96979 with a 24-hour trading volume of IDR 1,063,309,904,300. We update our SNX to price in real-time. Synthetix Network Token is 2.94646% in the last 24 hours. The current ranking is #64, with a live market cap of IDR 8,328,262,982,000. It has a circulating supply of 270,109,000 SNX coins and a max. supply of 0 SNX coins.

If you would like to know where to buy Synthetix Network Token , the top cryptocurrency exchanges for trading in Synthetix Network Token stock are currently Binance, OKEx, CoinFLEX, and CoinTiger.

Chart Synthetix Network Token to IDR


What is Synthetix Network Token (SNX)?

"Synthetix Network Token (SNX) is an Ethereum token that powers Synthetix, a decentralised synthetic asset issuance protocol. Synthetic assets are minted when token holders stake their SNX as collateral using Mintr, a decentralised application for interacting with the Synthetix contracts. The protocol currently supports synthetic fiat currencies, cryptocurrencies, and commodities."

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Buying tips Synthetix Network Token (SNX)

The combination of technical and non-technical analysis is very important before deciding to buy a crypto asset, in this case Synthetix Network Token (SNX). Technically you can combine several indicators to get the right formula for determining the entry point Synthetix Network Token. For example, you can use the MACD indicator to find the ideal crossover point, then combine it with the RSI to measure the saturation point of sellers and buyers.

Besides technical, non-technical factors also need to be analyzed. "News" can affect the price of an asset both in the short and long term, good news or a new project from Synthetix Network Token can lead to positive sentiment which results in an increase in the exchange rate in trading. On the other hand, bad news from Synthetix Network Token can have a depreciating effect on the asset's value. Apart from this, news or policies related to the global economy can also affect the value of Synthetix Network Token. So make sure you have analyzed these factors before starting to trade.

In addition to entry points, you should also know when is the best time to sell Synthetix Network Token. So when is the right time? the following are brief tips.

  • When the price Synthetix Network Token is high, the first moment that could be a good time to sell Synthetix Network Token is when the price the asset is high. It should be noted that in investing there is a rule that investors need to remember, namely 'Buy When Cheap and Sell When Expensive'.
  • Prices Synthetix Network Token Rise In the Short Term, Very fast price fluctuations make investors Synthetix Network Token too need to periodically monitor the price of a coin. Because, there is some momentum where crypto coins can experience price spikes in a short time. For those of you who use the PRO and PREMIUM tradingpoint features, you will get a notification(*) if Synthetix Network Token experiences a significant increase. Well, if you get the time, then it's a good time to sell some of the Synthetix Network Token owned. But usually, this condition occurs for small coins where the per-coin price range is not too high.
  • Trading volume Synthetix Network Token high, Price increase & decrease chart Synthetix Network Token can also be monitored through the transaction cycle happens to a crypto asset.

Those are some brief tips that you can use as parameters in buying or selling Synthetix Network Token, of course, besides that there are many other indicators that you can use to trade/invest.