Pepe Coin

Pepe

Synthetix

Optimism

Synthetix (SNX) is trading 10% up over the 24-hour period. The recent spike in price comes amid a new proposal.
<ul>
<li>SNX bulls likely have PEPE madness to thank for the market bump. The classic meme frog cryptocurrency <a href="https://cryptopotato.com/pepe-but-on-solana-and-other-web-3-0-frogs-got-a-bump-on-pepe-coin-mania/" data-wpel-link="internal">is adding</a> value to every market it touches. Volumes surged 150% in the wake of Synthetix Improvement Proposal (SIP) 2014. That would add PEPE coin markets to the L2 blockchain.</li>
<li>Synthetix is a decentralized exchange for trading &#8220;synthetic&#8221; crypto assets. It operates in the blockchain ecosystem as both a Layer-2 scaling solution and DEX.</li>
<li>The project was launched in Sept 2017 by Kain Warwick. Synthetix lives on the Ethereum and Optimism mainnets.</li>
<li>SNX <a href="https://cryptopotato.com/reasons-why-synthetix-snx-skyrocketed-by-over-100/" data-wpel-link="internal">skyrocketed</a> last year when the network introduced atomic swaps.</li>
<li>This week, the crypto got a big price bump out of a proposal to add eight new markets. Among them, most notably, <a href="https://finance.yahoo.com/news/defi-token-synthetix-soars-10-100310269.html" data-wpel-link="external" target="_blank">was this</a> year&#8217;s memecoin darling, PEPE coin:</li>
</ul>
<blockquote>Synthetix Improvement Proposal (SIP) 2014 and 2015, if passed, would open eight new markets for synthetic versions of several notable cryptocurrencies.
The most notable market is likely the community’s interest in integrating the mega-popular meme coin Pepecoin (PEPE).&#8221;</blockquote>
<ul>
<li>SIP 2014 would open trading for PEPE, SUI, and BLUR. SIP 2015 would add XRP, DOT, TRX, FLOKI, and INJ. The proposals <a href="https://twitter.com/synthetix_io/status/1658127407906447360" data-wpel-link="external" target="_blank">were currently</a> up for voting this week.</li>
</ul>
The post <a href="https://cryptopotato.com/pepe-madness-transitions-synthetix-snx-soars-10-on-proposal-to-add-pepe-coin/" rel="nofollow">PEPE Madness Transitions: Synthetix (SNX) Soars 10% on Proposal to Add Pepe Coin</a> appeared first on <a href="https://cryptopotato.com/" rel="nofollow">CryptoPotato</a>.

PEPE Madness Transitions: Synthetix (SNX) Soars 10% on Proposal to Add Pepe Coin

CryptoPotato_News

2023년 5월 18일에 게재된 다른 기사

Ripple Launched A Platform To Create CBDCs

Ethereum dips as PEPE whales take profits

Shiba Inu Reveals Trading Bots Coming to Shibarium through Innovative Partnership with Mega-Cap F...

How to Use Bungee

Wall Street Giants Battling to Restart Celsius With $50M Injections

Pepe Featured on Bloomberg Amid Crypto Market Downturn – Is There Still a Chance to Turn $251 int...

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!