Introduction to SN Coin and SpaceN
SpaceN (SN) is a digital asset currently trading at ¥16.4188 (≈$2.2923) with a market capitalization of ¥50,916,808. The token has shown positive momentum recently with a 9.84% price increase (+¥1.6156).
Key metrics:
– Circulating Supply: 3,101,123 SN
– 24H Trading Volume: ¥499,258.5
– All-Time High: ¥49.14
– All-Time Low: ¥0.512126
👉 Track SN coin price movements in real-time
Recent Developments in the SN Ecosystem
2025-06-27: Bithumb Updates Trading Warning List
- Felaz (FLZ) designated as “warning stock” due to unverifiable project utility
- Synthetix (SNX) removed from warning list after resolving stability issues
2025-06-27: CZ Endorses MEET48’s Web3 Fan Economy Project
- YZi Labs invests in AI-powered fan engagement platform
- SNH48 partnership announced for August 2025 global idol competition
- Features include NFT rewards and virtual meetups
2025-06-25: Bitget Sponsors India Blockchain Tour
- Three-city sponsorship covering Hyderabad, Ahmedabad and Mumbai
- Focuses on blockchain education and developer engagement
Technical Updates and Protocol Changes
Synthetix System Upgrades (2025-04 to 2025-05)
- sUSD Stabilization:
- Implemented 420 Pool incentives
-
Increased collateral requirements from 10% to 20%
-
V4 Perpetuals Preparation:
- Completed legacy SNX stake liquidation
-
New migration pathways for existing positions
-
Derive Acquisition:
- $27M valuation deal proposed
- 27:1 DRV/SNX token swap ratio
Market Performance Analysis
| Metric | Value | Change |
|---|---|---|
| 24H High | ¥15.04 | +1.8% |
| 7D Low | ¥10.67 | -12.1% |
| Trading Volume | ¥49.93万 | +0.98% |
| Market Rank | #387 | ▲2 |
👉 Compare SN with other DeFi tokens
Frequently Asked Questions
Q: Where can I buy SN tokens?
A: SN is available on LBank, Bithumb, and other mid-tier exchanges. Always verify contract addresses.
Q: What caused the recent price surge?
A: The 9.84% increase correlates with Bithumb’s warning removal and MEET48 partnership news.
Q: Is SN a good long-term investment?
A: While the protocol shows active development, always conduct independent research and consider volatility risks.
Q: How does the 420 Pool work?
A: It’s a debt consolidation mechanism where users stake sUSD to earn SNX rewards while maintaining collateral ratios.
Q: When will Perps V4 launch?
A: Synthetix aims for Q2 2025 deployment on Ethereum mainnet, with testnets expected in coming weeks.
Q: What’s SN’s circulating supply?
A: Currently 3.1 million SN (0% of max supply), making it relatively scarce among DeFi tokens.
Security Reminder
Always beware of:
– Unsolicited investment advice in social media groups
– Fake wallet connection requests
– Impersonators of official team members
Legitimate project updates will only come through official Synthetix channels. Never share private keys or seed phrases.