Synapse: Excessive Volatility and Suspected Manipulation
I think Synapse coin is excessively volatile right now, and that volatility appears driven in part by manipulative activity rather than organic price discovery.
Because of that suspected manipulation, I would not treat it as a safe buy — this market behavior raises the risk of rapid, unpredictable losses for retail traders.
Analysis
Recommendation
Avoid initiating new positions for now, perform deeper on-chain and volume analysis, and wait for clearer, more stable market structure before considering a trade.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.