KOL Flood sets an exploding target of 84.407% for this altcoin | Bitcoin magazine

Long-time crypto trader “Flood” is showing support for a cryptocurrency that will help bridge the gap between different types of blockchain projects.

Has flood shown There are several reasons he believes trusted auto market maker Synapse (SYN) has the potential to make insane profits over the next two years.

“Here’s a simple calculation: The EVM (Ethereum Virtual Machine) smart contract platform has a total market capitalization of $ 700 billion and is expected to reach $ 12 trillion by 2023. .

With the superior user experience, super efficient liquidity and one of the largest development teams in the crypto space, Synapse is sure to become a cross-chain bridge.

The SYN target price is thus USD 2,400. Let the bears and FUDder (fear, uncertainty and doubt) sell whatever they want, I’ll keep piling up. ”

EVM is a blockchain-based software platform on which developers create decentralized applications (dApps), eliminating the need for complex hardware and creating intelligent contracts at the same time.

At the time of writing, SYN price is up 2.48% over the day to $ 2.97. With Flood’s target price of $ 2,400, the price would have to rise a staggering 84,407%.

SYN. Price chart | Source: Coinecko

“By providing decentralized, permission-free transactions between any Layer 1, Sidechain or Layer 2 ecosystems. Synapse supports integrated blockchain operations such as asset transfers, swaps and general messaging with cross-chain functionality, ”project website Synapse Show.

SYN enables owners to vote on governance issues on SynapseDAO (decentralized autonomous organization) and to pay grid gas fees.

Another famous crypto analyst is also a smart contracter maintenance to synapse.

With all of the layers competing against each other, accumulating something that connects them all feels like a game of picks and shovels to me.$ syn The chart looks amazing compared to eth here on the weekly page and allows you to switch to just about every single chain from any chain pic.twitter.com/UvJD4cdh7A

– Bluntz (@SmartContracter) December 26, 2021

“When all levels compete, the accumulation of something that binds them all together is like an investment strategy that invests in the underlying technology needed to produce a good or service rather than the bottom line. SYN looks great on the weekly chart against ETH. “

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