Here at SpectroCoin, we are making an effort to offer short and simple explanations to subjects that otherwise might be hard to understand. Today’s blog post is no different. We will dive into the world of trading once more and explain what Bullish and Bearish Momentum is. Trading has a language of its own which is why it is important to know what such terms mean to be able to maximise your trading potential.
Synthetix (SNX) supports synthetic commodities like gold and silver, synthetic cryptocurrencies, synthetic fiat currencies and other assets. Users can involve themselves in decentralised trade easily and reliably. Synthetix’s native token, the Synthetix Network Token (SNX), is used to provide collateral against Synths that are issued. To learn more about Synthetix (SNX), read the full SpectroCoin blog post.
By indexing blockchain data The Graph (GRT) works similarly to how search engines index the web. This data is grouped into open APIs called subgraphs and is provided to decentralised finance (or DeFi) applications like DEXs for effective operations. The Graph is working to bring reliable decentralised public infrastructure to the mainstream market. To read more about The Graph (GRT), be sure to head over to the full SpectroCoin blog post.