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Synthetix Price Prediction | Forecast for SNX

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Table of Contents:

  1. Coin prognosis
  2. What is Synthetix coin?
  3. Future price prediction
  4. Frequently asked questions
  5. Historical Price Data
  6. Where to buy SNX

Possible uptrend on Synthetix Up Only

Our coin price forecasting algorithm indicates bullishness on the SNX/USD pair. This means it will do well in the near to long term.

SNX Price $2.3480 USD
Price Change 24hours $0.0320 USD (1.38%)
24h Low / 24h High $2.2830 / $2.4250 USD
Trading Volume 24hours $998,982 USD
Market Cap $701,931,392 USD

What is Synthetix? Fundamental Analysis

Synthetix (SNX) is a rebranding of (HAV).Synthetix is a decentralised synthetic asset issuance protocol built on Ethereum. These synthetic assets are collateralized by the Synthetix Network Token (SNX) which when locked in the contract enables the issuance of synthetic assets (Synths). This pooled collateral model enables users to perform conversions between Synths directly with the smart contract, avoiding the need for counterparties.This mechanism is designed to solve the liquidity and slippage issues experienced by DEX’s. Synthetix currently supports synthetic fiat currencies, cryptocurrencies (long and short) and commodities. SNX holders are incentivised to stake their tokens as they are paid a pro-rata portion of the fees generated through activity on Synthetix.Exchange, based on their contribution to the network. It is the right to participate in the network and capture fees generated from Synth exchanges, from which the value of the SNX token is derived. Trading on Synthetix.Exchange does not require the trader to hold SNX. 

Synthetix price prediction

Future price prediction

Date Price Possible movement
Sep 30, 2022 $2.4250 Neutral
October, 2022 $ 3.6479 USD Upside
November, 2022 $ 4.7300 USD Upside
December, 2022 $ 3.0396 USD Upside
March, 2023 $ 7.5001 USD Upside
September, 2023 $ 10.5166 USD Upside

SNX Crypto Price Forecast: Frequently Asked Questions

Question Answer
Will Synthetix rise today? Our data indicates Synthetix will rise today. It's already higher than it's opening price. That's a great sign
What will be the highest price of Synthetix (SNX) in future? Our analysis shows a possible all time high of $10.5166 USD
Will Synthetix (SNX) price increase in future? Our prognosis shows Synthetix (SNX) will increase exponentially in future, attaining a possible coin price of $10.5166 USD
Will an Investment in Synthetix (SNX) be profitable or make a loss? Synthetix will be a profitable investment in the next 1 year, giving hodlers a good return.
What will be the highest price of Synthetix (SNX) in future? $10.5166 USD
Will the price of Synthetix (SNX) move downward in future? Up only
At the end of the year, what will be the price of 1 Synthetix? Our algorithms indicates an end of year price of 1 SNX = $10.5166 USD.
What is the Synthetix price prediction for 2025? By the year 2025, the price of one SNX could be as high as $52.5831 USD
Synthetix price prediction for 2030? Too hard to predict. The crypto market changes rapidly. Hence, s lot can change between now and 2030.
Where do I buy Synthetix? We painstakingly listed out some great options for you. Purchase SNX coin here →

Historical Price Data (USD)

Rising volume like Synthetix has is a great indication it will do well in the short term.

Date Price Volume
August 9, 2022 $4.096 $5,333,553
August 8, 2022 $4.078 $5,485,494
August 7, 2022 $4.274 $4,224,606
August 6, 2022 $4.059 $9,679,748
August 5, 2022 $3.777 $11,317,486
August 4, 2022 $3.711 $7,585,315
August 3, 2022 $3.799 $11,020,622
August 2, 2022 $3.61 $15,113,007
August 1, 2022 $3.568 $9,216,884
July 31, 2022 $3.646 $6,858,701
July 30, 2022 $4.038 $8,622,497
July 29, 2022 $4.134 $11,212,700
July 28, 2022 $3.746 $28,292,545
July 27, 2022 $2.973 $8,877,824
July 26, 2022 $2.969 $5,410,565
July 25, 2022 $3.423 $7,462,916
July 24, 2022 $3.233 $7,245,435
July 23, 2022 $3.015 $4,328,674
July 22, 2022 $3.284 $9,434,465
July 21, 2022 $2.86 $9,210,161
July 20, 2022 $2.971 $9,716,460
July 19, 2022 $2.95 $6,826,932
July 18, 2022 $2.653 $9,187,178
July 17, 2022 $2.803 $3,238,359
July 16, 2022 $2.547 $5,404,707
July 15, 2022 $2.71 $5,171,376
July 14, 2022 $2.516 $7,233,977
July 13, 2022 $2.321 $4,695,863
July 12, 2022 $2.307 $4,519,538
July 11, 2022 $2.442 $2,926,237

Steps to buy Synthetix (SNX) in 2022

  1. Buy SNX with USD: Purchase SNX with USD on the following exchanges: Coinbase, Gemini, Kraken, Cexio, Bitfinex, ftx, P2PB2B, .
  2. Buy Bitcoin directly on Coinbase, Binance or Paypal
  3. Send the BTC to an Exchange that supports SNX/BTC pair. You can buy SNX with Bitcoin at Kraken, HuobiPro, OKEX, huobikorea, Kucoin, CoinEx, oneinch, uniswap, Coinbase, Kraken, Liquid, Binance, aax, HuobiPro, Poloniex, HitBTC, huobikorea, Kucoin, Coinsbit, CoinEx, decoin, P2PB2B, .
  4. Now, Buy Synthetix with BTC: Below is a detailed breakdown of exchanges that support Synthetix and their trading.

Exchanges that support SNX/USD Pair

Exchange Trade Pair Rating
Coinbase SNX/USD AA
Bitfinex SNX/USD A

Exchanges that trade SNX/BTC Pairs

Exchange Trade Pair Rating
Coinbase SNX/BTC AA
Liquid SNX/BTC A
Binance SNX/BTC A
HuobiPro SNX/BTC A
Poloniex SNX/BTC A
huobikorea SNX/BTC B
Kucoin SNX/BTC B
Coinsbit SNX/BTC B
decoin SNX/BTC C

Exchanges that allow SNX/BTC trading

Exchange Trade Pair Exchange Grade
HuobiPro SNX/ETH A
huobikorea SNX/ETH B
Kucoin SNX/ETH B
oneinch SNX/ETH -
uniswap SNX/ETH -

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