Advancing ZyneCoin Liquidity with Optimized Market Making Approaches
Exploring Bid & Ask Spread Efficiency, Liquidity Provision, and Capital Protection Strategies
The Zynecoin team has a three-fold mission: creating the cryptocurrency Zynecoin, designing its blockchain technology (Wethio), and promoting its use in Africa through the Zynecoin Academy. This comprehensive approach aims to support economic development, foster technological innovation, and enhance the African market.
With a circulating supply of 34 million ZYN, it holds a market cap of $2,675,382, ranking #1845 on CoinGecko. Zynecoin can be traded on various centralized exchanges, including DigiFinex, ProBit Global, and HitBTC.
Market-making is crucial for liquidity, and Zynecoin's daily trading volume stands at $301,671, signalling a recent uptick in market activity. The token's highest recorded price is $5.69, while the current price is -98.60% lower. The all-time low was $0.058603, with the current price 35.20% higher.