Synereo (AMP) Trading 38.8% Higher Over Last 7 Days

Synereo (CURRENCY:AMP) traded 2.2% higher against the U.S. dollar during the 1 day period ending at 17:00 PM Eastern on February 12th. During the last week, Synereo has traded 38.8% higher against the U.S. dollar. One Synereo token can currently be purchased for $0.35 or 0.00003945 BTC on popular cryptocurrency exchanges including HitBTC, Bittrex, Poloniex and Cryptopia. Synereo has a market cap of $28.51 million and $993,837.00 worth of Synereo was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • Ripple (XRP) traded 3.3% higher against the dollar and now trades at $1.08 or 0.00012201 BTC.
  • NEO (NEO) traded up 5% against the dollar and now trades at $113.30 or 0.01283690 BTC.
  • Stellar (XLM) traded up 3.4% against the dollar and now trades at $0.40 or 0.00004487 BTC.
  • IOTA (MIOTA) traded up 4.9% against the dollar and now trades at $1.86 or 0.00021034 BTC.
  • TRON (TRX) traded up 5.2% against the dollar and now trades at $0.0460 or 0.00000522 BTC.
  • Tether (USDT) traded 0.3% lower against the dollar and now trades at $1.00 or 0.00011328 BTC.
  • VeChain (VEN) traded 2.3% higher against the dollar and now trades at $4.27 or 0.00048369 BTC.
  • U.CASH (UCASH) traded 16.6% higher against the dollar and now trades at $0.19 or 0.00002178 BTC.
  • ICON (ICX) traded up 3.8% against the dollar and now trades at $4.20 or 0.00047628 BTC.
  • OmiseGO (OMG) traded 3.5% higher against the dollar and now trades at $12.81 or 0.00145085 BTC.

Synereo Token Profile

Synereo uses the hashing algorithm. It launched on March 19th, 2016. Synereo’s total supply is 949,291,063 tokens and its circulating supply is 82,256,324 tokens. Synereo’s official website is www.synereo.com. The Reddit community for Synereo is /r/synereo and the currency’s Github account can be viewed here. Synereo’s official Twitter account is @Synereo and its Facebook page is accessible here.

According to CryptoCompare, “AMPs, Synereo’s content flow currency, serve as a way to Amplify the flow of information in the network. AMPing content increases its ability to propagate to peers and the chances of it being seen by more users. This gives them an inherent market value, as any business or individual wishing to bring information to your attention non-organically has to pay you with AMPs for it. Value The AMP is unlike any other cryptocurrency, as it is backed by a commodity for which there is always demand and that can be purchased only with AMPs – the attention of its users. Read more about Synereo’s crypto-token, the AMP, and why it has an inherent use and value on the Synereo network.  Value Appreciation As users join the network, AMPs become more effective in acquiring attention. A similar amount of AMPs on the more mature and larger network will allow a piece of content to reach the attention of more users on it, increasing the value of each AMP. As well, a larger user base generates more interaction and content in circulation, increasing the total amount of attention  allocated to, and available on, Synereo. As Synereo functions as a platform for new applications and markets, AMPs may eventually become a de-facto currency. Extensibility Synereo enables a new wave of distributed applications that piggyback on the social platform and its user base.  Music streaming, content distribution, distributed marketplaces, collaborative platforms, and many other applications  can all take advantage of Synereo’s fully decentralized and distributed technology and deploy systems that truly benefit both  businesses and end users while removing the need for any middleman. Synereo is open-source and very modular, designed for rich extensibility. AMPs can power the delivery of any content across this distributed cloud and the apps running on top of it.   “

Buying and Selling Synereo

Synereo can be purchased on the following cryptocurrency exchanges: Bittrex, Cryptopia, HitBTC and Poloniex. It is not currently possible to purchase Synereo directly using U.S. dollars. Investors seeking to trade Synereo must first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Synereo using one of the aforementioned exchanges.

Receive News & Updates for Synereo Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Synereo and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.

Leave a Reply