The cryptocurrency that grew the most over the past day is named

Analyzing the data from cryptocurrency trackers, experts have identified the best and worst digital assets of the past day. The cryptocurrency Synthetix (SNX) showed significant growth, while Mantle (MNT) fell.

The value of the Synthetix token jumped to $ 2.51, up 12.4%. The capitalization of the digital asset was fixed at $ 745 million. Over the past 7 days, SNX has grown by 17%, and over 14 days — by 7.6%.

SNX cryptocurrency is a decentralized protocol based on the Ethereum network. Synthetix allows the issuance and trading of synthetic assets on different blockchains. Like derivatives on the traditional market, they act as a financial instrument with the SNX token as collateral.

No other cryptocurrency in the top 100 ranking has performed better than SNX. The worst performing cryptocurrency of the day was Mantle (MNT). The digital asset’s quotes fell by more than 5%. MNT dropped to 36th place on the list of the best performers. The digital asset is currently trading at $ 0.41.

As a reminder, Altcoin Sherpa crypto analyst identified a token that managed to grow by 326% in a week. The CyberConnect token (CYBER) attracted the attention of crypto traders, reaching its all-time high on September 1 — the token was trading at $ 15.79. Altcoin Sherpa warned that the coin could witness a deep correctional movement. The crypto expert said that traders should be «on high alert.»