Synthetix Metrics Marked a Clear Halt to the Massive Rally, But is a Rebound Around the Corner?
π Synthetix exploded to a +155% price surge between Sunday and Tuesday. This was followed by one of the largest FOMO spikes the network has ever seen, with: π§
Not financial advice. DYOR.
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π Synthetix exploded to a +155% price surge between Sunday and Tuesday. This was followed by one of the largest FOMO spikes the network has ever seen, with:
π§ 2,725 active wallets in one day
π₯ 975 new wallets created in one day
π¦ 229 whale transfers exceeding $100K in one day
πΈ It's also worth mentioning that there has been a significant amount of dormant tokens moving, with the average age of $SNX held getting 24 days younger during this stretch.
π A second wave of spikes will likely signal a price rebound as the price is correcting now. Track the metrics here!
Not financial advice. DYOR.
