Swap Tracker
Table of Contents
Synthetix Network Token Fundamental Analysis
Project name
Synthetix Network Token
Stock Symbol
SNX
Current Price
2.626
Current Supply
264191488.80344862
ROI Since Launch
443.789038446936
Launch Date
2018
Official Website
Synthetix Network Token Live Price Chart
Synthetix Network Token Technical Analysis
Despite the fact that 100% accurate technical analysis for Synthetix Network Token cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated SNX buy-and-sell rating for selected timeframe. The summary for SNX/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Synthetix Network Token Price Prediction
Below we have collected the most reliable price projections for Synthetix Network Token (SNX) from popular forecast platforms.
Synthetix Network Token Price Prediction for 2022
As for Synthetix Network Token price predictions for the rest of 2022, there are divergent opinions. WalletInvestor expects a downturn towards $0.239, and PricePrediction.net echoes with ~$0.18 by the year’s end. Other experts, for example, from TradingBeast, are more enthusiastic about Synthetix Network Token’s future price, citing upwards of $2.81426 in December.
Potential ROI:
-59%
Sell
Synthetix Network Token Price Prediction for 2023
In their Synthetix Network Token price predictions for 2023, PricePrediction.net forecasts the coin’s price to go down to $0.25 by December. Forecasting Synthetix Network Token future, WalletInvestor expects further decrease of its price, too, saying the Synthetix Network Token price will reach ~$0.116 by that time. On the contrary, TradingBeast keeps predicting Synthetix Network Token price growth, quoting prices around ~$3.02627 in 2023.
Potential ROI:
-57%
Sell
Synthetix Network Token Price Prediction for 2024
Synthetix Network Token price predictions for 2024 are still predominantly negative, with some analysts promising prices in the $0.0497–$0.35 range (WalletInvestor, PricePrediction.net), while TradingBeast takes a different view and cites the possibility of the price reaching $3.70673 in December 2024.
Potential ROI:
-48%
Sell
Synthetix Network Token Price Prediction for 2025
PricePrediction.net has only pessimism in store for the 2025 Synthetix Network Token price prediction, valuing Synthetix Network Token at $0.52 by the end of 2025. WalletInvestor agrees with a negative forecast and predicts, in turn, $0.0161 for the same period. On the other hand, TradingBeast’s team is more optimistic — their Synthetix Network Token price prediction for December of this year is just $4.48144.
Potential ROI:
-36%
Sell
Synthetix Network Token Price Prediction for 2030
Speaking of long-term Synthetix Network Token price predictions for 2030, experts present two polar opinions. TradingBeast expresses the view that Synthetix Network Token price will grow further and eventually reach $2.912936 by the end of the decade. PricePrediction.net’s price prediction for Synthetix Network Token echoes with the projection of an uptrend to $3.38. Despite this, WalletInvestor’s vision remains not so positive, promising a downfall to $0.025277.
Potential ROI:
-20%
Sell
Summary
As it can be clear from the analysis cited above, Synthetix Network Token (SNX) projections are rather contradictory. There is no universal consensus either about positive or negative future SNX price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Synthetix Network Token projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer:
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
