As the crypto market grows into another bull season, investors are looking for the best altcoins to buy. Among the top altcoins looking to make significant gains in the bull market and rise in the ranking are Synthetix (SNX), Theta Network (THETA), and Pullix (PLX). Let’s find out which of these altcoins can break into the top 50 first.
Synthetix (SNX) Declines Despite Ending Inflation
In December, when the Synthetix (SNX) announced the end of token inflation, there were hopes of a sustained uptrend among the community. After ending inflation, the focus was shifted to buying back and burning SNX to increase its value.
Sadly, things haven’t turned out as planned, and the Synthetix coin is currently losing value. The value of the SNX coin has decreased by 15% on the weekly chart. According to CoinMarketCap, this fall has caused the Synthetix coin’s market cap to decrease to $1.04 billion, placing it as the 63rd largest cryptocurrency.
The price of SNX may go below the crucial $
We współpracy z: https://www.thecoinrepublic.com/2024/01/24/which-crypto-will-break-the-top-50-first-synthetix-pullix-or-theta-network/
