Synapse - Frequently Asked Questions

Question 1

What is Synapse?

Sharpe Labs · Accepted Answer

Synapse is a cross-chain layer ∞ protocol powering frictionless interoperability between blockchains. By providing decentralized, permissionless transactions between any L1, sidechain, or L2 ecosystem, Synapse powers integral blockchain activities such as asset transfers, swaps, and generalized messaging with cross-chain functionality - and in so doing enables new primitives based off of its cross-chain architecture. At Synapse you can bridge and swap stable assets between chains and provide liquidity to fuel cross-chain swapping in pools with minimal impermanent loss. Synapse operates on the Ethereum blockchain network. For more information, visit the official Synapse website at https://synapseprotocol.com

Question 2

What is the current price of Synapse?

Sharpe Labs · Accepted Answer

The current Synapse price today is $0.0659 USD. The Synapse (SYN) price has increased by +2.54% over the last 24 hours. The real-time Synapse price is up and updated live based on trading data from decentralized exchanges. You can track SYN price movements to make informed trading decisions.

Question 3

Where can I track Synapse price?

Sharpe Labs · Accepted Answer

You can track Synapse (SYN) price in real-time on Sharpe DEX Scan at https://sharpe.ai/dexscan/ethereum/synapse. Our platform provides live Synapse price updates, 24-hour price change percentages, interactive TradingView charts with technical indicators, real-time trading volume data, and SYN holder analytics. The Synapse price is updated every few seconds, ensuring you have the most accurate market data for trading decisions. Track SYN price movements across multiple timeframes, monitor trading volume trends, analyze holder distribution patterns, and view recent Synapse transactions all in one place. Sharpe AI DEX Scanner is the best platform to track Synapse price with professional-grade analytics and real-time market data.

Question 4

How many holders does Synapse have?

Sharpe Labs · Accepted Answer

Synapse currently has 9,310 token holders on the Ethereum blockchain network. The Synapse holder count represents unique wallet addresses that actively hold SYN tokens. The number of Synapse (SYN) holders is regularly updated and reflects the size and growth of the Synapse community. More holders typically indicate stronger adoption and community support for Synapse. Join the Synapse community: Twitter: https://twitter.com/SynapseProtocol, Telegram: https://telegram.me/synapseprotocol, Discord: https://discord.com/invite/synapseprotocol

Question 5

What is the circulating supply of Synapse?

Sharpe Labs · Accepted Answer

The Synapse circulating supply is currently 219,066,529 SYN tokens. The total Synapse supply is 175,770,455 SYN tokens. As of now, 124.6% of the total SYN supply is in active circulation, meaning most of the total supply is available for trading. Synapse (SYN) token supply metrics are essential for calculating market capitalization, understanding token distribution, and evaluating scarcity. The circulating supply of Synapse directly impacts the token's market value and price dynamics.

Question 6

How to buy Synapse?

Sharpe Labs · Accepted Answer

To buy Synapse (SYN) on Sharpe AI DEX Scanner, click the Buy button located at the top of the Synapse page. This will open a trading interface where you can connect your cryptocurrency wallet (such as MetaMask, Trust Wallet, or Phantom for Solana). Once connected, the interface will show you the current Synapse price and allow you to enter the amount of SYN you want to purchase. The Buy button connects directly to decentralized exchanges, making it easy to swap your tokens for Synapse. Always verify you have sufficient balance in your wallet and review the transaction details including gas fees before confirming your purchase. Track SYN price movements on Sharpe AI DEX Scanner to find the optimal entry point for buying Synapse.

Question 7

How to sell Synapse?

Sharpe Labs · Accepted Answer

To sell Synapse (SYN) on Sharpe AI DEX Scanner, click the Sell button located at the top of the Synapse page, next to the Buy button. This will open a trading interface where you need to connect your cryptocurrency wallet that contains your SYN tokens. Once your wallet is connected, the interface will display your current Synapse balance and allow you to enter the amount of SYN you want to sell. The Sell button connects directly to decentralized exchanges, enabling you to swap your Synapse for other tokens like USDT or USDC. Review the current Synapse price, check the transaction details including slippage tolerance and gas fees, and confirm the transaction in your wallet. Use Sharpe AI DEX Scanner's real-time price charts and trading volume data to determine the optimal time to sell SYN for maximum returns.

Question 8

Is Synapse a good investment?

Sharpe Labs · Accepted Answer

Whether Synapse (SYN) is a good investment depends on multiple factors including your risk tolerance, investment goals, market conditions, and thorough research. Synapse currently has 9,310 holders, which indicates the level of community adoption. Before investing in Synapse, consider: 1) Research the project's fundamentals, team credentials, and roadmap. 2) Analyze SYN tokenomics, including total supply, circulating supply, and token distribution. 3) Review the Synapse whitepaper and use case to understand the project's value proposition. 4) Monitor SYN price trends, trading volume, and market sentiment on Sharpe AI DEX Scanner. 5) Check Ethereum blockchain explorer for contract verification and transaction history. 6) Assess Synapse community engagement and social media presence. Cryptocurrency investments carry significant risk due to market volatility. Synapse price can fluctuate dramatically in short periods. Never invest more than you can afford to lose, diversify your portfolio across multiple assets, and consider consulting with a financial advisor. Use Sharpe AI's real-time analytics to track Synapse performance metrics, holder distribution, and trading patterns before making investment decisions.

Question 9

How can I view Synapse transactions?

Sharpe Labs · Accepted Answer

You can view Synapse (SYN) transactions in real-time on Sharpe AI DEX Scanner. The Transactions tab displays all recent Synapse buy and sell orders, swap transactions, mint and burn events with detailed information including transaction hash, wallet address, transaction type (buy/sell), token amount, USD value, and timestamp. Each SYN transaction shows the exact price at which the trade occurred, allowing you to analyze Synapse trading patterns and market activity. You can filter Synapse transactions by type (Buy, Sell, Mint, Burn), set price range filters, and search for specific wallet addresses to track whale movements. Click on any SYN transaction to view complete details on the blockchain explorer. Monitor Synapse transactions to identify trading trends, spot large buyers and sellers, and understand market sentiment for SYN token.

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