Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The sentiment for Synapse Protocol ($SYN) is extremely bearish, with the asset reportedly down 30% and a price target of "zero" suggested. A technical chart of the SYN/TetherUS pair on Binance shows a sharp downward trend, currently trading around $0.226. The post attributes the negative performance to the involvement of Wintermute as the market maker.
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Duncan
By FloodCapital
Investing content focusing on $GLXY and AI Robotics the two largest opportunities I see in the world right now. Not affiliated with @thinkingusd.