Social Media Sentiment
Social Media Sentiment
Synthetix bull market cycles - historical perspective of SNX bull runs
In this overview, we will show the previous bull runs of the Synthetix cryptocurrency, including statistical analysis of SNX returns during previous bull runs.
|Symbol||Price (USD)||Price change (1d)||Price change (1 week)||Sentiment||Sentiment change (1d)||Sentiment change (1 week)||Tweets volume change||Trading volume change||Volatility||MarketCap|
A bull market is a period of general rising prices in the crypto, stock or any other financial market.
A bull market is typically preceded by a bear market and followed by a bear market.
We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.
Synthetix has experienced 18 bull markets in the past, see chart below:
What is Synthetix biggest bull run ?
Synthetix biggest bull run started on Mar 13th, 2020 and ended on Sep 1st, 2020, lasting for 172 days..
During this time, the price of Synthetix increased from 0.3879 USD to 7.4289 USD, resulting in a return of 1815.1 %.
Average compounded daily increase of price during this period was 1.73% / day.
What is Synthetix 2nd biggest bull run ?
Synthetix 2nd biggest bull run started on Jan 6th, 2019 and ended on Jul 4th, 2019, lasting for 179 days.
During this time, the price of Synthetix increased from 0.0348 USD to 0.3702 USD, resulting in a return of 964.3 %.
Average compounded daily increase of price during this period was 1.33% / day.
What is Synthetix 3rd biggest bull run ?
Synthetix 3rd biggest bull run started on Nov 4th, 2020 and ended on Feb 13th, 2021.
During this time, the price of Synthetix increased from 2.5731 USD to 27.0571 USD, resulting in a return of 951.5 %.
Average compounded daily increase of price during this period was 2.36% / day.
Returns of previous Synthetix bull runs
In the following table you can see the previous SNX bull runs, in which period they occurred and what were the returns achieved during each bull run:
|Start Date||End Date||Start Price||End Price||Return (%)|
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Bull and bear markets of Synthetix
See Synthetix past bull and bear markets in the chart below:
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Selection of past news on the topic of bull market and Synthetix
Interesting Reddit posts about bear market and Synthetix
We collect interesting Reddit posts about Synthetix in connection with bear market, here is our selection of posts:
Bull/bear and other reports for other cryptocurrencies
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