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ETF Altcoins Copytrading
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$SNX : He tries, but the moving averages. Follow me for more charts (they are simple and I update them almost every day), I also share news and show how my portfolio of 60 altcoins is performing, long-term and without leverage, in the Copytrading here on Binance. You can copy it if you want. #snx is one of the 60 altcoins.
$SNX : He tries, but the moving averages.

Follow me for more charts (they are simple and I update them almost every day), I also share news and show how my portfolio of 60 altcoins is performing, long-term and without leverage, in the Copytrading here on Binance. You can copy it if you want. #snx is one of the 60 altcoins.
My Spot Portfolio
13 / 300
Minimum 10USDT
Copy trader have earned in last 7 days
-163.48
USDT
7D ROI
-3.23%
AUM
$9801.68
Win Rate
100.00%
Synthetix (SNX) Current Price: $0.73076 USD 24h Change: -2.82% Day Range: $0.70461 – $0.753195 USD 24h Trading Volume: ~$50 million USD Market Cap: ~$250 million USD Market Overview Synthetix (SNX) is trading at $0.73076, down 2.82% in the last 24 hours. The price range has fluctuated from $0.70461 to $0.753195, indicating stable movement within this range. The 24h trading volume is about $50 million, showing steady investor interest. Technical Analysis RSI (14): 45 – Market is neutral. MACD: MACD is below the signal line, suggesting a slight downtrend. Support: $0.70461 Resistance: $0.753195 Price Prediction for April 29, 2025 Bullish Forecast: If SNX holds above $0.70461, the price could recover to $0.75. Bearish Forecast: If SNX breaks below $0.70461, it could decline to $0.70. Conclusion Synthetix (SNX) shows a slight downtrend but may recover if the support holds. #SNX $SNX #Write2Earn {future}(SNXUSDT)
Synthetix (SNX)

Current Price: $0.73076 USD

24h Change: -2.82%

Day Range: $0.70461 – $0.753195 USD

24h Trading Volume: ~$50 million USD

Market Cap: ~$250 million USD

Market Overview

Synthetix (SNX) is trading at $0.73076, down 2.82% in the last 24 hours. The price range has fluctuated from $0.70461 to $0.753195, indicating stable movement within this range. The 24h trading volume is about $50 million, showing steady investor interest.

Technical Analysis

RSI (14): 45 – Market is neutral.

MACD: MACD is below the signal line, suggesting a slight downtrend.

Support: $0.70461

Resistance: $0.753195

Price Prediction for April 29, 2025

Bullish Forecast: If SNX holds above $0.70461, the price could recover to $0.75.

Bearish Forecast: If SNX breaks below $0.70461, it could decline to $0.70.

Conclusion

Synthetix (SNX) shows a slight downtrend but may recover if the support holds.

#SNX $SNX
#Write2Earn
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Bullish
#SNX $SNX {spot}(SNXUSDT) 📈 Long Signal #SNXUSDT 30m | Mid-Term Entry price : 0.708 - 0.701 Target:- ⏳ -  Signal details : Target: 0.713 Target: 0.727 Target: 0.742 Target: 0.757 ❌Stop-Loss : 0.664 🧲Leverage : 10x [Isolated]
#SNX $SNX
📈 Long Signal

#SNXUSDT 30m | Mid-Term

Entry price : 0.708 - 0.701

Target:- ⏳ -  Signal details :

Target: 0.713
Target: 0.727
Target: 0.742
Target: 0.757

❌Stop-Loss : 0.664

🧲Leverage : 10x [Isolated]
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Bearish
See original
$SNX {spot}(SNXUSDT) DeFi Veteran Synthetix Suddenly Drops a Nuclear-Level Announcement - All Old SNX Staking Positions Have Been Liquidated! According to SCCP-403 proposal, this on-chain cleansing targeting 'historical debt' has sent all staked assets with a collateral ratio below 160% straight to the crematorium. 'Staking is Mining' Era Comes to an End! 1. Perps v4 Perpetual Contracts: Supports wstETH, cbETH, and other collateral types, claiming to snatch dYdX's meal ticket; 2. Automated Vaults: Allows users to stake sUSD to automatically follow institutional strategies, but must bear the 'gun pool anti-rollback risk'; 3. Compliance Breakthrough: Rumored to be negotiating with the US SEC, trying to package the 420 pool as a 'regulated synthetic asset platform'. #snx
$SNX
DeFi Veteran Synthetix Suddenly Drops a Nuclear-Level Announcement - All Old SNX Staking Positions Have Been Liquidated! According to SCCP-403 proposal, this on-chain cleansing targeting 'historical debt' has sent all staked assets with a collateral ratio below 160% straight to the crematorium.

'Staking is Mining' Era Comes to an End!

1. Perps v4 Perpetual Contracts: Supports wstETH, cbETH, and other collateral types, claiming to snatch dYdX's meal ticket;

2. Automated Vaults: Allows users to stake sUSD to automatically follow institutional strategies, but must bear the 'gun pool anti-rollback risk';

3. Compliance Breakthrough: Rumored to be negotiating with the US SEC, trying to package the 420 pool as a 'regulated synthetic asset platform'.
#snx
#TariffsPause It seems like you meant "taripaus" — but that doesn't directly match any known crypto term. Maybe you meant "tapioca," "tariffs," "airdrops," or "tau paus" (which could be slang)? Or could you be thinking of "tri paus (three pauses)," maybe referring to network or market halts? If you were asking about "taripaus", can you clarify a little more? Maybe you meant: A specific project name? (Maybe a small altcoin?) A slang or typo? Something like "temporary pause" in trading? Tell me a bit more and I'll help! #TariffPause #snx #INIT #hyper
#TariffsPause It seems like you meant "taripaus" — but that doesn't directly match any known crypto term.
Maybe you meant "tapioca," "tariffs," "airdrops," or "tau paus" (which could be slang)?
Or could you be thinking of "tri paus (three pauses)," maybe referring to network or market halts?

If you were asking about "taripaus", can you clarify a little more? Maybe you meant:

A specific project name? (Maybe a small altcoin?)

A slang or typo?

Something like "temporary pause" in trading?

Tell me a bit more and I'll help!
#TariffPause #snx #INIT #hyper
ynthetix (SNX) Current Price: $0.76 USD, Increase: 1.76% in the last 24 hours. Daily Range: $0.75 to $0.80. Market Sentiment: Fear & Greed Index at 49, indicating neutral sentiment. 🔧 Technical Analysis: RSI: At 53, indicating a stable market, neither overbought nor oversold. MACD: Slight buy signal, with the uptrend maintained. Support: $0.70 - $0.75. Resistance: $0.80 - $0.85. 🔮 Price Prediction for 27/4/2025: Bullish Forecast: SNX could continue to rise, reaching $0.85 if the uptrend persists. Bearish Forecast: If it drops below the support at $0.70, SNX might correct towards $0.65. #SNX $SNX #Write2Earn {future}(SNXUSDT)
ynthetix (SNX)

Current Price: $0.76 USD, Increase: 1.76% in the last 24 hours.

Daily Range: $0.75 to $0.80.

Market Sentiment: Fear & Greed Index at 49, indicating neutral sentiment.

🔧 Technical Analysis:

RSI: At 53, indicating a stable market, neither overbought nor oversold.

MACD: Slight buy signal, with the uptrend maintained.

Support: $0.70 - $0.75.

Resistance: $0.80 - $0.85.

🔮 Price Prediction for 27/4/2025:

Bullish Forecast: SNX could continue to rise, reaching $0.85 if the uptrend persists.

Bearish Forecast: If it drops below the support at $0.70, SNX might correct towards $0.65.

#SNX $SNX
#Write2Earn
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Dear friends, good news! #SNX is like a flying roc, taking off! We decisively entered the market at 10:00 on the 11th. After a period of time, at 9:00 on the 26th, the price climbed all the way to 0.79, just reaching the target of 7, with a return of up to 1452%! According to our usual practice, we will quickly set BE at this moment to hold on to the profits we have obtained, and then enjoy this wave of profits and eat them freely! $SNX We will continue to pay attention to the subsequent market trends, and there may be more surprises waiting for us! {future}(SNXUSDT)
Dear friends, good news! #SNX is like a flying roc, taking off! We decisively entered the market at 10:00 on the 11th. After a period of time, at 9:00 on the 26th, the price climbed all the way to 0.79, just reaching the target of 7, with a return of up to 1452%! According to our usual practice, we will quickly set BE at this moment to hold on to the profits we have obtained, and then enjoy this wave of profits and eat them freely! $SNX We will continue to pay attention to the subsequent market trends, and there may be more surprises waiting for us!
币圈赚个百万:
So comfortable
It sounds like you're asking: Will the Trump Coin increase by 100% within a week? Right now, there are several different "Trump Coins" — some are meme coins (like $TRUMP, MAGA coin, etc.) that are highly volatile. In crypto, especially meme coins, 100% gains in a week can happen, but they are very risky and often unpredictable. Whether it will actually double in a week depends on many factors: News about Donald Trump (campaigns, court cases, elections, etc.) Crypto market trends (Bitcoin movements usually affect all coins) Hype on social media (X/Twitter, Telegram, etc.) Trading volume and liquidity Warning: A lot of Trump-themed coins are pure speculation. They can pump fast — but they also dump just as fast. Do you want me to check the latest price and market news for the specific Trump coin you're watching? If yes, can you tell me which one exactly? (e.g., $TRUMP, MAGA, or something else?) #TRUMP #BTCvsMarkets #init #snx
It sounds like you're asking: Will the Trump Coin increase by 100% within a week?

Right now, there are several different "Trump Coins" — some are meme coins (like $TRUMP, MAGA coin, etc.) that are highly volatile. In crypto, especially meme coins, 100% gains in a week can happen, but they are very risky and often unpredictable.

Whether it will actually double in a week depends on many factors:

News about Donald Trump (campaigns, court cases, elections, etc.)

Crypto market trends (Bitcoin movements usually affect all coins)

Hype on social media (X/Twitter, Telegram, etc.)

Trading volume and liquidity

Warning: A lot of Trump-themed coins are pure speculation. They can pump fast — but they also dump just as fast.

Do you want me to check the latest price and market news for the specific Trump coin you're watching?
If yes, can you tell me which one exactly? (e.g., $TRUMP, MAGA, or something else?)

#TRUMP #BTCvsMarkets #init #snx
You're asking if any coin launched on Binance should be bought and held for a week — right? Short answer: Not necessarily. Here's why: Binance Launches often cause big hype, especially for new coins (ICOs, Launchpools, Launchpads). Prices sometimes spike heavily on the first day. After the hype, many coins drop hard as early investors take profits (this is called "dumping"). Some coins (especially strong projects) stabilize or grow later — but many crash after the first week. Holding for exactly a week is risky unless: The project is high quality (strong team, real use case, good tokenomics). The market is bullish overall (in a bear market, even good coins struggle). You have good entry timing (buying after the initial pump). Safer strategy: Research each project first. Maybe wait a few hours or days for the price to cool down before entering. Set stop-losses if you want to protect your capital. Examples: Coins like SUI, SEI, PYTH had initial pumps, then dumped soon after. Others like ARB (Arbitrum) did well but still were super volatile early on. Bottom line: Buying blindly on Binance listings = gambling. Careful research + timing = better chances. Would you like me to show you real examples with recent Binance launches? (Like, prices on Day 1, Day 7, etc.?) Might help a lot. #INIT #bc #solana #SNX #EthereumFuture
You're asking if any coin launched on Binance should be bought and held for a week — right?

Short answer: Not necessarily.

Here's why:

Binance Launches often cause big hype, especially for new coins (ICOs, Launchpools, Launchpads). Prices sometimes spike heavily on the first day.

After the hype, many coins drop hard as early investors take profits (this is called "dumping").

Some coins (especially strong projects) stabilize or grow later — but many crash after the first week.

Holding for exactly a week is risky unless:

The project is high quality (strong team, real use case, good tokenomics).

The market is bullish overall (in a bear market, even good coins struggle).

You have good entry timing (buying after the initial pump).

Safer strategy:

Research each project first.

Maybe wait a few hours or days for the price to cool down before entering.

Set stop-losses if you want to protect your capital.

Examples:

Coins like SUI, SEI, PYTH had initial pumps, then dumped soon after.

Others like ARB (Arbitrum) did well but still were super volatile early on.

Bottom line: Buying blindly on Binance listings = gambling. Careful research + timing = better chances.

Would you like me to show you real examples with recent Binance launches?
(Like, prices on Day 1, Day 7, etc.?) Might help a lot.

#INIT #bc #solana #SNX #EthereumFuture
sUSD COLLAPSE? South Korea Freezes SNX Deposits! This isn’t just another depeg. This could be DeFi's next big crisis. sUSD crashed to $0.68 and now, Korea’s top exchanges Upbit & Bithumb just froze SNX deposits. Why? Because SNX backs sUSD and the whole structure is shaking. DAXA slapped SNX with a “caution” tag. That’s bad. Meanwhile, Synthetix founder Kain Warwick launched the sUSD 420 Pool: Lock your sUSD for a year. Get a cut of 5 million SNX. Desperate fix? Or DeFi genius? Investors are nervous. Exchanges are reviewing SNX. Recovery to $0.87 was brief. Trust is still broken. Could SNX get delisted? Will sUSD survive? Is this a wake-up call for stablecoins? Sound off. This is the thread crypto can’t ignore. #BinanceNews #cryptocrash #SNX #sUSD #thecryptoheadquarters
sUSD COLLAPSE? South Korea Freezes SNX Deposits!

This isn’t just another depeg. This could be DeFi's next big crisis.

sUSD crashed to $0.68 and now, Korea’s top exchanges Upbit & Bithumb just froze SNX deposits.

Why?
Because SNX backs sUSD and the whole structure is shaking.
DAXA slapped SNX with a “caution” tag. That’s bad.
Meanwhile, Synthetix founder Kain Warwick launched the sUSD 420 Pool:

Lock your sUSD for a year.
Get a cut of 5 million SNX.

Desperate fix? Or DeFi genius?
Investors are nervous. Exchanges are reviewing SNX.
Recovery to $0.87 was brief. Trust is still broken.
Could SNX get delisted?
Will sUSD survive?
Is this a wake-up call for stablecoins?

Sound off. This is the thread crypto can’t ignore.

#BinanceNews #cryptocrash #SNX #sUSD #thecryptoheadquarters
Bite Coin 2025:
Sir...ure posting old news...if you posted last month or the last 2 weeks but now its history..as time goes by..SNX team had take prety good measure for Susd.
🚀 Hoping for a Life-Changer with $SNX Synthetix ($SNX) has been flagged by South Korea’s Digital Asset eXchange Association (DAXA) as a token with elevated investment risk. A similar warning was previously issued for $AERGO — after which the token surged 434%. As the chart shows, the key was knowing when to exit. No guarantee the pattern repeats exactly, but if it works again, we might have a new alpha trigger for long setups — with Upbit doing the signaling. #SNX
🚀 Hoping for a Life-Changer with $SNX

Synthetix ($SNX) has been flagged by South Korea’s Digital Asset eXchange Association (DAXA) as a token with elevated investment risk.

A similar warning was previously issued for $AERGO — after which the token surged 434%. As the chart shows, the key was knowing when to exit.

No guarantee the pattern repeats exactly, but if it works again, we might have a new alpha trigger for long setups — with Upbit doing the signaling.

#SNX
Ethereum has a lot going on, and its future looks strong but not without challenges. Here's a quick breakdown of where it seems to be heading: Positives: Scalability Improvements: With Ethereum 2.0 upgrades like Danksharding and proto-danksharding (EIP-4844), the network is getting faster and cheaper to use. Layer 2 Growth: Rollups like Optimism, Arbitrum, and zkSync are scaling Ethereum by moving transactions off-chain but settling them on Ethereum. Decentralized Finance (DeFi): Ethereum is still the backbone of DeFi, and as regulation becomes clearer, institutional adoption could grow. NFTs and Gaming: Still a big hub for NFTs, digital identity, and Web3 gaming projects. Staking Ecosystem: Since the move to proof-of-stake, staking participation has increased, and it’s become more eco-friendly. Challenges: Regulation: Governments are watching closely, especially around DeFi and staking rewards. Competition: Other chains like Solana, Avalanche, and newer ones like Aptos or Sui are faster/cheaper (for now). ** #EthereumFuture #BTC #INIT #SNX
Ethereum has a lot going on, and its future looks strong but not without challenges. Here's a quick breakdown of where it seems to be heading:

Positives:

Scalability Improvements: With Ethereum 2.0 upgrades like Danksharding and proto-danksharding (EIP-4844), the network is getting faster and cheaper to use.

Layer 2 Growth: Rollups like Optimism, Arbitrum, and zkSync are scaling Ethereum by moving transactions off-chain but settling them on Ethereum.

Decentralized Finance (DeFi): Ethereum is still the backbone of DeFi, and as regulation becomes clearer, institutional adoption could grow.

NFTs and Gaming: Still a big hub for NFTs, digital identity, and Web3 gaming projects.

Staking Ecosystem: Since the move to proof-of-stake, staking participation has increased, and it’s become more eco-friendly.

Challenges:

Regulation: Governments are watching closely, especially around DeFi and staking rewards.

Competition: Other chains like Solana, Avalanche, and newer ones like Aptos or Sui are faster/cheaper (for now).

**
#EthereumFuture #BTC #INIT #SNX
Here's a 500-word article titled "Bitcoin (BTC) vs. the Traditional Market: A 2025 Perspective": Bitcoin (BTC) vs. the Traditional Market: A 2025 Perspective In the ever-evolving landscape of global finance, the debate between Bitcoin (BTC) and traditional markets has become increasingly relevant in 2025. As digital assets continue gaining mainstream traction, it's crucial to understand the key differences, advantages, and challenges both systems present. 1. Nature and Structure Bitcoin is a decentralized digital currency that operates on a peer-to-peer network using blockchain technology. It eliminates the need for intermediaries like banks and is not controlled by any central authority. Transactions are transparent, irreversible, and recorded on a public ledger, making BTC an appealing option for those who value privacy and independence. In contrast, traditional financial markets consist of centralized institutions such as stock exchanges, banks, and government-regulated investment platforms. These systems are well-established and heavily regulated, offering a sense of security and predictability to investors, albeit at the cost of centralization and slower innovation. 2. Volatility and Risk Bitcoin is notorious for its price volatility. While it has #BTCvsMarkets #BTC #INIT #SNX
Here's a 500-word article titled "Bitcoin (BTC) vs. the Traditional Market: A 2025 Perspective":

Bitcoin (BTC) vs. the Traditional Market: A 2025 Perspective

In the ever-evolving landscape of global finance, the debate between Bitcoin (BTC) and traditional markets has become increasingly relevant in 2025. As digital assets continue gaining mainstream traction, it's crucial to understand the key differences, advantages, and challenges both systems present.

1. Nature and Structure

Bitcoin is a decentralized digital currency that operates on a peer-to-peer network using blockchain technology. It eliminates the need for intermediaries like banks and is not controlled by any central authority. Transactions are transparent, irreversible, and recorded on a public ledger, making BTC an appealing option for those who value privacy and independence.

In contrast, traditional financial markets consist of centralized institutions such as stock exchanges, banks, and government-regulated investment platforms. These systems are well-established and heavily regulated, offering a sense of security and predictability to investors, albeit at the cost of centralization and slower innovation.

2. Volatility and Risk

Bitcoin is notorious for its price volatility. While it has
#BTCvsMarkets #BTC #INIT #SNX
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April 25th Cryptocurrency Automatic Trading Robot Statistics-2: A total of 16 trades, 8 wins with a total of 32.18%, 8 losses with a total of 20.14%. #SNX #WLD #BR #ETHFI
April 25th Cryptocurrency Automatic Trading Robot Statistics-2: A total of 16 trades, 8 wins with a total of 32.18%, 8 losses with a total of 20.14%. #SNX #WLD #BR #ETHFI
🚨 Upbit Suspends SNX Deposits After DAXA Warning 🚨 South Korea’s leading exchange Upbit has temporarily suspended SNX (Synthetix) deposits following a warning issued by the Digital Asset eXchange Alliance (DAXA) on April 24. This move often signals increased regulatory or risk scrutiny, which can lead to: 🟠 Short-term price volatility 🛡️ A shift in investor sentiment ⚖️ Potential delistings or tighter trading limits SNX powers synthetic assets on-chain. Regulatory concerns around synthetic assets or liquidity issues could have broader DeFi implications. And If you hold SNX, it’s wise to: Monitor liquidity across other exchanges.✅️ Be cautious of price swings and news-based volatility. 🚀 Watch for official updates from both Upbit and Synthetix protocol.👀📊 Stay sharp in this market news is a weapon if you know how to use it.👌 #CryptoNews #SNX #defi #BinanceAlphaAlert If you appreciate timely updates and market strategies, feel free to support me❤️
🚨 Upbit Suspends SNX Deposits After DAXA Warning 🚨

South Korea’s leading exchange Upbit has temporarily suspended SNX (Synthetix) deposits following a warning issued by the Digital Asset eXchange Alliance (DAXA) on April 24.

This move often signals increased regulatory or risk scrutiny, which can lead to:

🟠 Short-term price volatility

🛡️ A shift in investor sentiment

⚖️ Potential delistings or tighter trading limits

SNX powers synthetic assets on-chain. Regulatory concerns around synthetic assets or liquidity issues could have broader DeFi implications.

And If you hold SNX, it’s wise to:

Monitor liquidity across other exchanges.✅️

Be cautious of price swings and news-based volatility.
🚀
Watch for official updates from both Upbit and Synthetix protocol.👀📊

Stay sharp in this market news is a weapon if you know how to use it.👌

#CryptoNews #SNX #defi
#BinanceAlphaAlert
If you appreciate timely updates and market strategies, feel free to support me❤️
Upbit Suspended Deposit on SNX After DAXA Issues Warning on April 24South Korean exchange Upbit has announced that it will suspend deposits for SNX, following a recent trade warning from the Digital Asset Exchange Alliance. According to a recent notice from the cryptoexchange, the Synthetix (SNX) token has been labeled a “trading caution item” by the Digital Asset Exchange Association or DAXA. As a result, the crypto exchange has decided to suspend deposits for SNX starting from April 24 at 15:00 KST. Synthetix is a decentralized finance protocol built on Ethereum (ETH) that lets users create and trade synthetic assets, known as Synths, which mirror the value of other assets like currencies, commodities and stocks. Shortly after the announcement was published, SNX fell nearly 5%. The token is currently trading at $0.69 with a market cap of $235 million. The South Korean crypto exchange informed to users that it usually conducts a review of the assets marked under “trading caution item” to determine whether or not to terminate trading support. “During the review process, the review period for designating a trading caution item may be extended, and if the reasons for designating a trading caution item are not completely resolved, the decision may be made to terminate trading support,” said Upbit. In the case of SNX, Upbit explained that the reason why it ultimately decided to suspend deposits on SNX is the fact that Synthetix has failed to maintain the value of its stablecoin, sUSD, in according with the 1:1 ratio pegged to 1 USD. Price chart for SNX after Upbit suspends deposits, April 24, 2025 | Source: crypto.news"> Price chart for SNX after Upbit suspends deposits, April 24, 2025 | Source: crypto.news You might also like: Upbit set to delist Bitcoin Gold on Jan. 23, 2025 due to trading caution So far, the Upbit notice will be valid until the fifth week of May 2025, in which a separate review may be conducted. If upon further inspection, the issues regarding SNX still persist, then Upbit may decide to terminate trading support altogether. Although SNX and sUSD are two different assets, the announcement noted that SNX can be used as “collateral” for the the sUSD stablecoin. At press time, the Synthetix issued stablecoin is currently up 9.4%. Unlike most stablecoins on the market which have maintained a fairly stable value equal to 1 USD, sUSD has gone up 12.7% in the past week and declined by 10.6% in the past month. It is currently trading hands at $0.86, still $0.14 shy of 1 USD. On April 21, Synthetix founder Kain Warwick urged stakers to pitch in through its staking mechanism and help restore stability before more measures are implemented. The protocol introduced a new initiative called 420 Pool, which offered SNX holders a chance to SNX tokens by locking their sUSD for one year. #USStockDrop #SNX $SNX {spot}(SNXUSDT)

Upbit Suspended Deposit on SNX After DAXA Issues Warning on April 24

South Korean exchange Upbit has announced that it will suspend deposits for SNX, following a recent trade warning from the Digital Asset Exchange Alliance.
According to a recent notice from the cryptoexchange, the Synthetix (SNX) token has been labeled a “trading caution item” by the Digital Asset Exchange Association or DAXA. As a result, the crypto exchange has decided to suspend deposits for SNX starting from April 24 at 15:00 KST.
Synthetix is a decentralized finance protocol built on Ethereum (ETH) that lets users create and trade synthetic assets, known as Synths, which mirror the value of other assets like currencies, commodities and stocks.
Shortly after the announcement was published, SNX fell nearly 5%. The token is currently trading at $0.69 with a market cap of $235 million.
The South Korean crypto exchange informed to users that it usually conducts a review of the assets marked under “trading caution item” to determine whether or not to terminate trading support.
“During the review process, the review period for designating a trading caution item may be extended, and if the reasons for designating a trading caution item are not completely resolved, the decision may be made to terminate trading support,” said Upbit.
In the case of SNX, Upbit explained that the reason why it ultimately decided to suspend deposits on SNX is the fact that Synthetix has failed to maintain the value of its stablecoin, sUSD, in according with the 1:1 ratio pegged to 1 USD.

Price chart for SNX after Upbit suspends deposits, April 24, 2025 | Source: crypto.news">
Price chart for SNX after Upbit suspends deposits, April 24, 2025 | Source: crypto.news
You might also like: Upbit set to delist Bitcoin Gold on Jan. 23, 2025 due to trading caution
So far, the Upbit notice will be valid until the fifth week of May 2025, in which a separate review may be conducted. If upon further inspection, the issues regarding SNX still persist, then Upbit may decide to terminate trading support altogether.
Although SNX and sUSD are two different assets, the announcement noted that SNX can be used as “collateral” for the the sUSD stablecoin.
At press time, the Synthetix issued stablecoin is currently up 9.4%. Unlike most stablecoins on the market which have maintained a fairly stable value equal to 1 USD, sUSD has gone up 12.7% in the past week and declined by 10.6% in the past month. It is currently trading hands at $0.86, still $0.14 shy of 1 USD.
On April 21, Synthetix founder Kain Warwick urged stakers to pitch in through its staking mechanism and help restore stability before more measures are implemented. The protocol introduced a new initiative called 420 Pool, which offered SNX holders a chance to SNX tokens by locking their sUSD for one year.
#USStockDrop #SNX
$SNX
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$SNX : The resistance here is clear for now. Follow me for more charts (they are simple and I update them almost every day), I also share news and show how my portfolio of 60 altcoins is performing, in the long term and without leverage, in Copytrading here on Binance. You can copy it if you wish. #snx is one of the 60 altcoins.
$SNX : The resistance here is clear for now.

Follow me for more charts (they are simple and I update them almost every day), I also share news and show how my portfolio of 60 altcoins is performing, in the long term and without leverage, in Copytrading here on Binance. You can copy it if you wish. #snx is one of the 60 altcoins.
My Spot Portfolio
13 / 300
Minimum 10USDT
Copy trader have earned in last 7 days
-163.48
USDT
7D ROI
-3.23%
AUM
$9801.68
Win Rate
100.00%
--
Bullish
#SNX $SNX {spot}(SNXUSDT) 📈 Long Signal #SNXUSDT 30m | Mid-Term Entry price : 0.706 - 0.699 - ⏳ -  Signal details : Target: 0.711 Target: 0.725 Target: 0.740 Target: 0.755 ❌Stop-Loss : 0.662 🧲Leverage : 10x [Isolated]
#SNX $SNX
📈 Long Signal

#SNXUSDT 30m | Mid-Term

Entry price : 0.706 - 0.699

- ⏳ -  Signal details :

Target: 0.711
Target: 0.725
Target: 0.740
Target: 0.755

❌Stop-Loss : 0.662

🧲Leverage : 10x [Isolated]
#SNX USDT Chart Analysis : 1D 📊#SNX is currently experiencing a bearish trend. The price has retraced from a discount zone to a premium zone. 📉It is expected to test the bearish order flow within the premium zone before targeting the swing low liquidity level in the discount zone. Entry :- $0.850 Target :- $0.548 SL :- $1.033
#SNX USDT Chart Analysis : 1D
📊#SNX is currently experiencing a bearish trend. The price has retraced from a discount zone to a premium zone.

📉It is expected to test the bearish order flow within the premium zone before targeting the swing low liquidity level in the discount zone.

Entry :- $0.850
Target :- $0.548
SL :- $1.033
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