DeFi Protocol Synapse Responds to Selling Pressure With 17% Bounce
Synapse's SYN token recovered its losses after 9 million were sold by a liquidity provider identified as Nima Capital by the protocol.
24H Price
The Synapse price is $1.10, a change of -11.11% over the past 24 hours as of 1:21 p.m. The recent price action in Synapse left the tokens market capitalization at $208.77M. So far this year, Synapse has a change of 136.63%. Synapse is classified as a Computing under CoinDesks Digital Asset Classification Standard (DACS).
Synapse's SYN token recovered its losses after 9 million were sold by a liquidity provider identified as Nima Capital by the protocol.
The token has outperformed the broader DeFi sector since the turn of the year as investors flock to its cross-chain bridge.
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