• NOIA is the native token of Syntropy, a distributed routing protocol for the Internet.
• The token’s price surged 168% from its December lows and one analyst says bulls are likely to aim for more.
• Sentiment is bullish for Syntropy ahead of its public network launch.
The digital asset market has been on a winning streak as of late, with the total crypto market capitalization now surpassing one trillion dollars. This surge in value has been largely attributed to Bitcoin’s stunning rally past $23,000, however, it is important to note that altcoins have also been performing exceptionally well. One token that has seen a particularly impressive performance recently is NOIA, the native token of Syntropy, a distributed routing protocol for the Internet.
NOIA saw its price surge 168% since its December lows, and sentiment is increasingly bullish for the token ahead of its public network launch. This has prompted one analyst to suggest that bulls are likely to aim for further gains, as the token has potential for another 2x in the near future.
In order to understand NOIA’s impressive performance, it is important to look at the project behind it. Syntropy is a distributed network protocol that provides improved routing and increased resiliency for the internet. It is built on the Polkadot network, allowing for interoperability and scalability. The project is aiming to build the first truly global, decentralized internet, and its public network is set to launch sometime in the near future.
The team behind Syntropy recently updated the token’s circulating supply schedule, and this has been seen as a positive sign by investors. Additionally, the platform is also set to launch a new Syntropy Knowledge Hub, designed to provide novice and experienced users alike with all the information they need to understand Syntropy and NOIA.
The combination of these developments have helped to create a bullish sentiment for the token, and many investors are expecting further gains in the near future. With its public launch just around the corner, investors are likely to continue to monitor the token’s performance closely.
All in all, NOIA’s impressive performance thus far has been fueled by positive developments from the team behind it, and the token is likely to continue to rise in the near future. As the public network launch approaches, investors are sure to keep a close eye on the token, and if all goes according to plan, NOIA could be in for further gains.