Framework Ventures Boosts Stake In Synthetic Protocol Amid Price Decline

Framework Ventures Boosts Stake In Synthetic Protocol Amid Price Decline

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Source: TheMerkle.com

The Synthetic protocol, represented by its native token $SNX, has experienced a notable decline of 41% over the past month. However, there’s a glimmer of optimism as the price of $SNX saw a modest 2% increase today. 

In a move that reflects confidence in the project’s long-term potential, Framework Ventures, a notable investor in Synthetix, deposited an additional 2 million SNX tokens to Coinbase Prime, totaling $5.84 million at

Read More https://themerkle.com/framework-ventures-boosts-stake-in-synthetic-protocol-amid-price-decline/

The post "Framework Ventures Boosts Stake In Synthetic Protocol Amid Price Decline" appeared first here TheMerkle.com.

Source: TheMerkle.com

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