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TürkçeSyrup Information
Syrup is an innovative cryptocurrency that aims to revolutionize the decentralized finance landscape by providing a seamless user experience for liquidity and yield farming. Its unique tokenomics promote community involvement and sustainable growth, fostering a vibrant ecosystem. As the project continues to develop, Syrup is positioning itself as a promising player in the competitive world of digital assets.
Exploring Syrup: The Rise of a New Contender in Cryptocurrency
Syrup is an emerging cryptocurrency that has caught the attention of investors and enthusiasts alike. With a current price of $0.25039, the coin has experienced significant fluctuations in a short timeframe, showcasing its volatility and potential for growth. As the market continues to evolve, understanding the advantages and disadvantages of Syrup can provide insight into its future trajectory.
Historical Performance and Market Dynamics
Initially launched with great enthusiasm, Syrup reached an All Time High (ATH) of $0.339201 on November 13, 2024, representing remarkable growth since its inception. However, like many digital assets, it has seen corrections, with the price currently down approximately 25.6% from its ATH. Despite this, its All Time Low (ATL) was recorded at $0.193453 just a few days later, indicating a resilient recovery and an increase of over 30% from that point.
Market Capitalization and Trading Volume
As of now, Syrup boasts a market capitalization of approximately $109.79 million, underscoring its presence within the cryptocurrency ecosystem. The 24-hour trading volume of around $3.33 million reflects active engagement among traders, which is vital for liquidity and market stability. Additionally, the market cap saw a notable increase of 27.09% over the past 24 hours, hinting at growing investor interest and confidence.
Pros and Cons of Investing in Syrup
Like any cryptocurrency, Syrup comes with its unique set of advantages and disadvantages:
Advantages
- Potential for Growth: With significant price fluctuations, Syrup presents opportunities for traders to capitalize on market movements.
- Strong Community Support: The traction on social media and community forums indicates a growing and engaged user base.
- Innovative Use Cases: Syrup's underlying technology may offer features that can be attractive to decentralized applications and finance.
Disadvantages
- High Volatility: The price swings can lead to substantial losses for less experienced investors.
- Market Competition: Syrup faces intense competition from more established coins, which could hinder its growth potential.
- Regulatory Risks: The evolving regulatory landscape for cryptocurrencies poses a risk to all digital assets, including Syrup.
Future Outlook: What Lies Ahead for Syrup?
The future of Syrup appears cautiously optimistic. As the cryptocurrency market matures, coins that demonstrate innovation and real-world use cases are likely to succeed. Syrup's ability to adapt to market changes and regulatory developments will play a crucial role in its long-term viability. If the project continues to build on its strengths, focusing on community engagement and technological advancements, it could carve out a significant niche in the competitive landscape of cryptocurrencies.
Conclusion
In conclusion, Syrup presents an intriguing case for both traders and investors. While the past few weeks have shown remarkable price movements, the underlying fundamentals and market dynamics will ultimately dictate its journey forward. Staying informed and actively participating in the community discussions surrounding Syrup may provide valuable insights for making investment decisions in the fluctuating world of cryptocurrency.
For further information, visit the official Syrup website at syrup.fi.
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from price
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General Information |
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Title
Syrup
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Symbol
syrup
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Whitepaper
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Website
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Community
-
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Last Updated
2024-11-21 23:59
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Price Data |
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Current Price $
0.25039
$
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High 24h
0.269408
$
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Low 24h
0.203118
$
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Price Change 24h
0.04645651
$
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Price Change % 24h
22.78028
%
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Market Data |
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Market Cap
109787972
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Total Volume
3334878
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Market Cap Change 24h
23399534
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Market Cap Change % 24h
27.08642
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
434944162.16966
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Total Supply
1154930098
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Max Supply
-
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Historical Data |
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All Time High (ATH)
0.339201
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ATH Change %
-25.59551
%
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ATH Date
2024-11-13 16:05
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All Time Low (ATL)
0.193453
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ATL Change %
30.46109
%
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ATL Date
2024-11-16 06:10
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