- NOIA is Syntropy’s native token. It is a distributed routing protocol for Internet.
- The token’s price surged 168% from its December lows and one analyst says bulls are likely to aim for more.
- Syntropy’s public network launch is a bullish sign according to the sentiment.
The cryptocurrencies look to end January on an upbeat note. Most digital assets saw huge gains in January, which was a month that saw Bitcoin surpass $23,000.
On 31 July, the total crypto market capitalization was above $1 trillion, helped by Bitcoin’s market cap rising to $446 billion to account for a market dominance of 40.9%. A similar upside trend has been observed across altcoins, led by Ethereum’s breakout from lows of $1,200 at the beginning of the month.
Analyst claims that NOIA could make another 2x.
The bullish sentiment towards Syntropy has been growing since the team’s inception. updated the token’s circulating supply schedule and as the platform edges closer to its public launch.
We have less than a week before our crucial launch👀
The public network launched and was revised @SyntropyStack Website: We will introduce a new Syntropy Knowledge Center for experienced and novice users to learn everything there is to know about Syntropy #Syntropy $NOIA In one place. pic.twitter.com/AfGS5jrfIP
— Syntropy (@Syntropynet) January 31, 2023
Crypto analyst Rekt capital is pointing to another coin that could benefit from recent bull runs, while tokens like Aptos or dYdX continue their outperformance.
According to the crypto trader Syntropy, (NOIA), will likely do a 2x increase if it holds a key price level on the monthly closing. In a tweet early Tuesday, the highly respected analyst noted that NOIA’s 168% rally from its lows in December has the Syntropy token at a crucial area.
“NOIA enjoyed a +168% rally from December’s lows & is now approaching a crucial area. If NOIA is able to turn the green box top (~$0.068) into support on Monthly Close, Syntropy could be well-positioned for another 2x rally,” he suggested.
Rekt Capital expects a 135% rally to $0.15 if bulls maintain the highlighted price area ($0.068). The NOIA price could be retested at its historic high near $0.20. A negative flip could lead to bears pushing for $0.030 and even targeting $0.020.
Syntropy token traded at $0.065 on Tuesday afternoon, up 2.3% over the last 24 hours and 32% higher than this week.
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