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Navigating the Future: Insights from Experts on DOT, SNX, and ARB and Their Prospective Trajectories
In the dynamic world of cryptocurrencies, analyst Michaël van de Poppe provides insights into potential market trends for Polkadot (DOT), Synthetix (SNX), and Arbitrum (ARB). Van de Poppe anticipates a bullish trend for Polkadot, with expectations of a rise from $6.72 to around $15. Following a correction, DOT's chart shows green candlesticks, signaling buying pressure and suggesting a potential bullish impulse move. Crucial resistance levels and a potential 'gap to break' support the likelihood of a bullish breakout.
Synthetix (SNX), often considered an underperforming asset due to Ethereum's lag, may be experiencing a turnaround according to Van de Poppe's analysis. SNX has broken above a key resistance level at $3.24, indicating a potential bullish shift. Trading volume and RSI for SNX suggest a neutral stance, leaving room for an uptrend if it maintains its position above the resistance level. The asset's future trajectory depends on whether it breaks the range high or experiences a fake-out beneath the range low.
Arbitrum (ARB) has undergone significant price movements, with a rally followed by a sharp decline. Van de Poppe's analysis points to consolidation between key Fibonacci retracement levels. Currently priced at $1.79, ARB shows a target box between the 0.5 and 0.618 Fibonacci levels, indicating areas of interest for potential price reversal or consolidation. Volume spikes during rally and decline phases indicate strong market interest. The RSI, in neutral territory, provides no clear indication of overbought or oversold conditions. Investors are eyeing the $1.40-$1.60 area as a potential entry point, with expectations of a surge to $3-$4.
These analyses underscore the ever-evolving nature of the cryptocurrency landscape, with Polkadot showing potential for a bullish trend, Synthetix signaling a breakout, and Arbitrum undergoing consolidation with expectations of a future surge.
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Kripto para piyasası yükselirken satın alınabilecek 4 altcoin ve fiyat analizi..!
Kripto para piyasası ve altcoinler Bitcoin’in yeniden kritik direnci kırması ile BTC öncülüğünde yükselişe geçti. Özellikle kısa vadeli pozisyonlar arttıkça piyasada, ekim ayının ortasında başlayan yükseliş ivmesinin devam edip etmeyeceğine ilişkin belirsizlik yaşanmıştı ve analistler bu belirsizliğin sürüp sürmeyeceği konusunda farklı fikirlere sahipti.
Geçen ayki yükselmenin ardından dikkatler…
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CoinCRED: Best DeFi Projects to Invest in for 2023
CoinCRED emerges as a prominent contender for investment opportunities in 2023 within the realm of Decentralized Finance (DeFi). This exceptional project presents a diverse array of decentralized financial services encompassing lending, borrowing, and yield farming. CoinCRED distinguishes itself with its intuitive interface, ensuring a smooth and hassle-free experience for investors. Moreover, the platform prioritizes the implementation of robust security measures to safeguard user assets effectively. The significance of CoinCRED's native token, CRED, cannot be overlooked as it assumes a pivotal role in the platform's ecosystem by bestowing rewards and conferring governance rights upon its holders. Furthermore, CoinCRED boasts a formidable development team and a well-defined roadmap, positioning itself as an appealing investment option within the decentralized finance landscape for the forthcoming year.
#defi projects to invest#defi projects to invest in 2023#what is defi projects#best defi projects to invest in#defi projects 2023#new defi projects 2023#metacade#mcade#optimism#op#pax gold#paxg#synthetix#snx#aave#gmx
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ارتفاع سعر عملة SNX.. ما السبب؟
تعد عملة SNX التابعة لـ بروتوكول التمويل اللامركزي، Synthetix من بين أفضل العملات الرقمية أداءً اليوم بعد الإعلان عن معلم رئيسي.
ارتفع سعر عملة SNX بنسبة أكثر 45.22٪ في وقت كتابة هذا التقرير ويتم تداولها بسعر 3.11 دولار.
على مدار الأسبوع الماضي، انخفض سعر SNX بنسبة 11٪، ومن المؤكد أن الارتفاع المستمر سيساعد على انتعاش العملة على المدى المتوسط.
ما السبب وراء ارتفاع سعر عملة SNX؟
أفادت…
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✨ #BitYard opens $SNX @synthetix_io deposit and withdrawal services 🤝🥳
Deposit NOW 👉🏻 …
#SNX #Synthetix #Cryptocurrency #Crypto #Cryptoexchange #copytrading #newlisting #CryptoTraders #BitYardNews #Deposit #Withdrawal https://t.co/tE1dj8Spkc http://dlvr.it/SbVbXt
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Synthetix công bố đề xuất giới hạn tổng nguồn cung SNX ở mức 300 triệu đơn vị
Synthetix công bố đề xuất giới hạn tổng nguồn cung SNX ở mức 300 triệu đơn vị
Nền tảng phát hành tài sản tổng hợp DeFi Synthetix đang đưa ra một đề xuất có thể thay đổi đáng kể mô hình trả thưởng cho các nhà đầu tư stake SNX.
Synthetix công bố đề xuất giới hạn tổng nguồn cung SNX ở mức 300 triệu đơn vị
Về cơ bản, Synthetix (SNX) là một giao thức DeFi cho phép các nhà giao dịch phát hành các phiên bản tổng hợp của các đồng coin khác nhau, tài sản tài chính truyền thống và…
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#bộ#Công#crypto#Cryptocurrency#cùng#để#đơn#giới#hạn#mục#nguồn#ở#SNX#Synthetix#tiền ảo#tiền kỹ thuật số#tiền thuật toán#tống#triệu#Vì#xuất
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DeFi Tokenler Yükseldi! Lido ve Synthetix Ralli Yaptı
📰 DeFi Tokenler Yükseldi! Lido ve Synthetix Ralli Yaptı
Yatay kripto piyasasında, DeFi tokenler Lido ve Synthetix, son 24 saat içinde büyük kazançlar kaydetti.
$LDO $SNX #DeFi
Daha fazla detay için ⤵
Yatay kripto piyasasında, DeFi tokenler Lido ve Synthetix, son 24 saat içinde büyük kazançlar kaydetti.
Kripto piyasası Çarşamba sabahı yatay hareket ederken, birkaç merkezi olmayan finans (DeFi) tokeni, marketin kalanından büyük bir farkla daha iyi performans gösterdi. Bunlar arasında en çok yükseleni, gün içinde %17,6 artan Lido Finance’e ait LDO tokendir.
CoinMarketCap’e göre LDO, Salı…
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Earn Synthetix Staking- Seedling
As Synthetix is an asset issuance and trading platform, staking involves depositing and locking up the native SNX token in a collateral pool. To know how to Earn Synthetix Staking visit the Seedling Website.
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Can Synthetix Make money from Derivatives?
Can Synthetix Make money from Derivatives?
Synthetix (SNX) is a derivatives liquidity protocol that can create a synthetic asset from any asset.
A synthetic asset is a tokenized derivative similar to a stablecoin. To explain, Synthetix holds assets in a pool or account. Each Synthetix asset or Synth represents a unit of the asset. For example, the sETH synth represents one Ethereum (ETH) token. Similarly, the sUSD synth represents one US…
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#Can Synthetix Make money from Derivatives?#Decentralized Perpetual Futures#Meet the Synths#Synthetix (SNX)#The Synthetix Ecosystem#What Value could Synthetix Obtain?#What Value does Synthetix have?
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Base Introduces Synthetix Perpetuals Protocol, Targeting a Rejuvenation of SNX Prices
Synthetix, the trailblazing decentralized cryptocurrency derivatives marketplace, has unleashed a transformative force with the launch of Perpetuals V3 on Coinbase's Ethereum Layer 2 solution, the Base blockchain. This strategic maneuver positions Synthetix as the inaugural perpetuals protocol on Base and marks the third evolution in its series.
The debut of Perpetuals V3 on the Base blockchain signifies more than a technological advancement; it's a strategic thrust into mainstream adoption. This move is poised to harness the expansive user base of Coinbase, potentially unlocking a surge in trading volumes for Synthetix perpetuals across the Ethereum ecosystem. With its predecessor, Perpetuals V2, having already amassed over $43 billion in trading volume since its January 2023 introduction, Synthetix's migration to Base is set to solidify its market dominance.
Synthetix isn't stopping there; it plans to extend the reach of V3 offerings on the Base platform, laying the groundwork for a new perpetual futures exchange dubbed Infinex. Kain Warwick, the visionary founder of Synthetix, underlines the importance of embracing decentralized technology to competently challenge centralized platforms. Perpetuals V3 is expected to empower developers on the base chain, allowing the creation of innovative derivative products on Synthetix, thus elevating the ecosystem's capabilities.
Despite a recent 35% decline in price, with Synthetix dropping from $4.95 to $3.16 on December 12, the unveiling of Perpetuals V3 serves as a pivotal juncture. The 24-hour trading volume of $25,867,289 signals a renewed surge in investor interest, potentially heralding further price appreciation. If this momentum persists, Synthetix's price could break through the $3.00 resistance level, inching towards the 100-day Simple Moving Average (SMA) at $3.28.
Presently occupying the 62nd position on CoinMarketCap with a live market cap of $962,663,666, Synthetix boasts a circulating supply of 304,391,551 SNX coins, with the maximum supply yet to be determined. Synthetix's strategic pivot to launch Perpetuals V3 on the Base blockchain exemplifies a bold stride towards enhancing decentralized crypto trading, potentially signaling SNX's resurgence and market growth.
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Synthetix (SNX) Led Top Gainers for 48 Hours
Synthetix (SNX) Led Top Gainers for 48 Hours
Synthetix (SNX) led the gains among the top 100 coins on Monday, June 20 when the coin gained 40+% within 24 hours. Coin data shows an intra-day low of $1.9772 and a high of $3.182, a 38% gain in the past 24 hours. Earlier in the day, SNX recorded an increase of more than 58% when compared to its price 24 hours previously.
At the time of filing this report, Synthetix is still the leading gainer…
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The Best DeFi Projects to Invest in for 2023: CoinCRED
CoinCRED is one of the top DeFi projects to consider investing in for 2023. It offers a range of decentralized financial services, including lending, borrowing, and yield farming. With a user-friendly interface and robust security measures, CoinCRED provides a seamless experience for investors. Its native token, CRED, plays a vital role in the platform's ecosystem, offering rewards and governance rights. CoinCRED has a strong development team and a clear roadmap, making it an attractive investment option in the decentralized finance space for the year ahead.
#defi projects to invest#defi projects to invest in 2023#what is defi projects#best defi projects to invest in#defi projects 2023#new defi projects 2023#metacade#mcade#optimism#op#pax gold#paxg#synthetix#snx#aave#gmx
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AAVE Native Stablecoins Revolutionize Stablecoin Paradigm
GHO, the stablecoin developed for AAVE's decentralized lending protocol, has officially launched on the Ethereum mainnet.
In the early years of stablecoins, they were categorized into three types: centralized stablecoins backed by real-world assets, initial centralized stablecoins mainly used for trading cryptocurrencies, and asset-preservation stablecoins, including those pegged to other real tokens like RMB. The second type included stablecoins anchored to on-chain assets like Bitcoin and Ethereum.
Algorithmic stablecoins were once hailed as the industry's gem. These stablecoins relied on algorithms to maintain price stability without being tied to reserve assets. However, Luna Thunder's incident, where UST, a once top-ranked algorithmic stablecoin, plummeted to zero, raised doubts about algorithmic stability. As a result, the industry has shifted towards a combination of excess collateral, multi-asset collateral, and fusion algorithms for more reliable stablecoin development.
Centralized stablecoins currently dominate the industry, but the demand for decentralized stablecoins is growing due to the increasing need for anti-censorship. The focus of the decentralized stablecoin industry has shifted from algorithmic stability to a combination of excess mortgage, multi-asset collateral, and algorithm.
AAVE is not the only lending protocol introducing native stablecoins; Maker Dao, Curve, Synthetix, among others, have also joined in. The launch of their stablecoins enriches their ecosystems and offers resistance against centralized censorship. These stablecoins generally combine excess collateral and algorithmic elements, making it challenging to categorize them into a specific class.
Algorithmic stability has been replaced by the excess collateral approach, where stablecoins are collateralized with various cryptocurrencies. GHO, similar to Maker Dao's stablecoin Dai, operates on a "deposit collateral → mint $GHO, burn $GHO → recover collateral" mechanism. It introduces a "facilitator," acting as a "central bank," with the power to generate and destroy GHOs without trust. However, concerns over centralization arise as promoters in AAVE can cast GHOs without collateral, potentially leading to unanchoring risks.
Lending protocols issuing their stablecoins add complexity to their systems and may expose them to attacks. Nevertheless, it remains an attractive proposition for the protocols due to the significant demand and market potential for stablecoins. The introduction of GHO enhances AAVE's competitiveness, as it encourages more users to deposit assets and increases the demand for AAVE, driving up its price. Other lending protocols, such as Maker Dao and CRV Finance, have also launched their unique stablecoins, each with distinct features and algorithms.
With the development of the stablecoin track, it is no longer limited to just three types, and decentralized stablecoins also have centralized aspects. Defi protocols integrating stablecoins into their ecosystem stand to benefit the most from their popularity and demand.
Overall, stablecoins serve a vital role in asset preservation and have significant applications in the Defi space, benefitting both users and protocols alike.
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【Bancor 3 Goes Live With Polygon, Yearn, Others as Partners】
Bancor has spent the past several years creating the equivalent of high-yield savings accounts for DeFi: Deposit your assets, sit back and earn.
By helping token projects and their users safely and simply tap into DeFi yields, Bancor 3 enables robust and resilient on-chain liquidity markets that drive healthy token economies.
Bancor 3 launched out of beta with an improved version aimed at creating more sustainable liquidity by giving participants access to "Single-Sided Staking" with no risk of Impermanent loss.
Bancor每月為儲戶產生數百萬美元的併為以太幣、加權比特幣（WBTC）、鏈路（LINK）等代幣提供高達30%的年化回報並有超過30個（DAO）將Bancor用作財務管理解決方案，此次吸引了代幣專案和DAO，包括Polygon（MATIC）、Synthetix（SNX）、Yearn（YFI）和WOO⋯⋯
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AUW - Twilight Drives - Live Performance
AUW – Twilight Drives – Live Performance
RetroSynth Records is very proud to present, Twilight Drives, a live DAWless performance from none other than Synthetix artist A.U.W.
AUW – Twilight Drives
Dom from AUW gives an exclusive livestream performance of 7 tracks from his second album; Twilight Drives
Giving insight into the background of the tracks, performing 100% Dawless with the Roland MC-101, TR-6S and Waldorf Streichfett, and…
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#80smusic#art#artist#cyberpunk#dance#electronicmusic#follow#hiphop#instagood#instagram#love#music#musica#musichistory#musician#musictopten#musicvideo#newmusic#newretrowave#rap#retro#retrosynth#retrowave#singer#synthwave
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