Interchain Bridge

There are two perspectives on how the price of SYNT is determined.

Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of SYNT. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect SYNT's value.

Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of SYNT based on past trends, based on the principle that 'history tends to repeat itself.' Price action of SYNT is also affected by news, announcements, and the general sentiment of the community.

While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of SYNT.

SYNT reached an all-time high of $0.09812 in 2024-07-25, while its current trading price is $0.02047.

SYNT reached its historical low of $0.01124 in 2024-07-25.