SYN Token Soars 47% Amid Migration to Cortex Protocol, Trading Volume Surpasses $124 Million
The significant price increase in SYNUSDT over the last 24 hours is primarily attributed to the ongoing migration of SYN tokens to the new Cortex Protocol (CX) at a 1:5.5 ratio, which has driven heightened trading activity and investor interest. This migration event, combined with the associated rebranding, has led to a surge in both price and trading volume as market participants adjust their positions in response to the transition.
Currently, SYNUSDT is trading at $0.1878 on Binance, reflecting a 47.06% increase from the 24-hour open of $0.1277. Trading volume has risen sharply, with the most recent 24-hour volume exceeding $28 million on Binance and up to $124 million across all platforms. The token has experienced notable volatility, with a 24-hour low of $0.1253 and a high of $0.2230, while the circulating supply is estimated between 181.8 million and 220 million SYN out of a maximum 250 million.
The significant price increase in SYNUSDT over the last 24 hours is primarily attributed to the ongoing migration of SYN tokens to the new Cortex Protocol (CX) at a 1:5.5 ratio, which has driven heightened trading activity and investor interest. This migration event, combined with the associated rebranding, has led to a surge in both price and trading volume as market participants adjust their positions in response to the transition.
Currently, SYNUSDT is trading at $0.1878 on Binance, reflecting a 47.06% increase from the 24-hour open of $0.1277. Trading volume has risen sharply, with the most recent 24-hour volume exceeding $28 million on Binance and up to $124 million across all platforms. The token has experienced notable volatility, with a 24-hour low of $0.1253 and a high of $0.2230, while the circulating supply is estimated between 181.8 million and 220 million SYN out of a maximum 250 million.