
What’s Next After SNX Dropped Below Its 2020 Yearly Low?
As Bitcoin and other cryptocurrencies have fallen in price to trade at levels last seen in November 2020, SNX, the native currency that drives the Synthetix Decentralized Finance protocol, has increased in value. Following a 52-week low of $1.64 on June 15, SNX has gained over 100% in price. Due to a rise in atomic swaps on Curve Finance and 1inch,...