Is the delisted coin actually surging the hardest?
$SYN
Today's contract surged +63.28%, price at $0.1365, with a 24h trading volume of $412 million — this is the top of the gainers list. Over the past week, it shot up from a historic low of $0.02738 to now $0.13, marking a weekly increase of 327%, nearly a 5x return. Plus, this is the third consecutive day SYN has made it to the top gainers list.
Something magical happened today: Bitget officially delisted the SYN/USDT trading pair, and Binance added SYN to its “watchlist.” According to traditional logic, delisting = negative news = price crash. But SYN didn’t drop; instead, it has dominated the gainers list for three straight days. What’s this called? All the bad news is priced in.
But I have to say something fair: Synapse is not a vapor project. It bridges over 15 chains, has settled $50 billion in cross-chain transactions, served over 2 million users, and generated more than $30 million in fee revenue. These are solid product metrics, not pie-in-the-sky PowerPoint dreams. The delisting is essentially a liquidity management move by the exchange, unrelated to the project's fundamentals. With a $50 billion settlement volume as infrastructure, this price seems undervalued. From $0.027 to $0.13 looks impressive, but it’s still 38 times away from the previous high of $5.
$SYN
Today's contract surged +63.28%, price at $0.1365, with a 24h trading volume of $412 million — this is the top of the gainers list. Over the past week, it shot up from a historic low of $0.02738 to now $0.13, marking a weekly increase of 327%, nearly a 5x return. Plus, this is the third consecutive day SYN has made it to the top gainers list.
Something magical happened today: Bitget officially delisted the SYN/USDT trading pair, and Binance added SYN to its “watchlist.” According to traditional logic, delisting = negative news = price crash. But SYN didn’t drop; instead, it has dominated the gainers list for three straight days. What’s this called? All the bad news is priced in.
But I have to say something fair: Synapse is not a vapor project. It bridges over 15 chains, has settled $50 billion in cross-chain transactions, served over 2 million users, and generated more than $30 million in fee revenue. These are solid product metrics, not pie-in-the-sky PowerPoint dreams. The delisting is essentially a liquidity management move by the exchange, unrelated to the project's fundamentals. With a $50 billion settlement volume as infrastructure, this price seems undervalued. From $0.027 to $0.13 looks impressive, but it’s still 38 times away from the previous high of $5.