$SYN
📊 Quick Price Snapshot
Current price range: around ~$0.08 – $0.10 USD recently.
7-day range has shown strong percentage gains, indicating short-term volatility.
Price remains far below its all-time high (~$4.9 in 2021), reflecting long-term decline.
📈 Recent Market Movers
Bullish pressure ✔️
• SYN had strong weekly surges (e.g., ~+38–95% in some periods), driven by technical breakouts and ecosystem integrations.
Bearish pressure ✖️
• Sharp pullbacks after big rallies (profit-taking).
• Fake token confusion/FUD impacting sentiment.
• High volatility and thin liquidity make price action choppy.
🧠 Fundamentals & Utility
Cross-chain infrastructure: SYN is the native token of Synapse, a protocol for bridging assets and messaging across multiple blockchains.
Use cases: governance, liquidity incentives, transaction fees within the Synapse ecosystem.
Risk profile: relatively low market cap (~$14 M–$20 M) and high volatility.
📌 Summary (Very Short)
Pros: Potential upside from cross-chain adoption and technical breakouts.
Cons: Highly volatile, market sentiment sensitive, and price far below historical highs.
