Category: Synthetix Network Token

Synthetix Network Token DeFi Dominance Tanks Amid Looming Breakdown

Synthetix declines on hiatus amid low volatility and volume. Recovery is likely to hit a snag at the 21-day SMA, which could send SNX back to the drawing board. The decentralized finance (DeFi) craze appears to have hit pause. It seems this the time tokens in the sector have to prove their worth to investors. […]

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DeFi Booms In Q3 As LEND, YFI, UMA, LINK Posts Outsized Gains Over 100%

DeFi activity saw a massive boom in the third quarter of the year. This September, several DeFi tokens sustained severe pullbacks along with numerous market corrections. Despite this, these tokens continued to lead the pack. This was according to the latest Q3 report by Coingecko, which further noted that while crypto-assets projected a rather sluggish market movement, […]

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