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SNX Doubles on Short Squeeze

 2 years ago
source link: https://www.trustnodes.com/2022/06/21/snx-doubles-on-short-squeeze
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SNX Doubles on Short Squeeze – Trustnodes

Synthetix has jumped on Monday, up from $1.50 to above $3 within 24 hours as crypto sentiment seemingly changes.

The defi token is also apparently undergoing a short squeeze where those that have bet price is going down, now have to cover in a cascade up. Kain Warwick, Synthetix’ founder, said:

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