TIX Overview
TIX, the native token of Timeworxio, is currently priced at ¥0.052399 (approximately $0.007316), showing a +6.15% increase in value. Despite its relatively low market capitalization, TIX has garnered attention in the cryptocurrency space.
Key Metrics
- Circulating Supply: 0 TIX (0.0% of total supply)
- 24H Trading Volume: ¥216,755.328125
- All-Time High: ¥0.495201
- All-Time Low: ¥0.04846
👉 Stay updated on TIX price movements
Recent Developments in the Crypto Space
2025-06-27
- Bithumb Adjusts Warning Stocks: Felaz (FLZ) was designated as a warning stock due to unconfirmed utility and poor on-chain activity, while Synthetix (SNX) had its warning status lifted.
2025-06-14
- Synthetix Phases Out L2 Deployments: The platform announced the gradual discontinuation of all Layer 2 deployments to transition to its mainnet, with plans to introduce sUSD and sUSDe early deposit vaults.
2025-05-30
- sUSD Peg Restoration: Synthetix restored its stablecoin sUSD to the $1 target and increased collateral requirements for the 420 pool.
2025-05-26
- Synthetix and Derive Cancel $27M Acquisition: The proposed acquisition of Derive by Synthetix was mutually withdrawn following community feedback.
2025-05-15
- sUSD Buyback Program: Synthetix initiated a daily $1M sUSD buyback to stabilize its price, which had dropped to $0.93.
2025-05-14
- Blockchain Ticketing Innovation: KYD Labs raised $7M in a seed round led by a16z Crypto to develop Solana-based ticketing solutions, enhancing artist revenue control.
2025-04-27
- SNX Staking Migration: Synthetix completed the liquidation of old SNX staking positions to facilitate upgrades like Perps v4 perpetual contracts.
FAQ Section
What is TIX?
TIX is the native token of Timeworxio, a project in the cryptocurrency space currently focused on niche applications.
Why did Synthetix cancel the Derive acquisition?
The acquisition was withdrawn due to community concerns over token exchange ratios and potential value dilution.
How does the sUSD buyback work?
Synthetix allocates up to $1M daily to repurchase sUSD from the open market, aiming to restore its peg to $1.
What are the benefits of blockchain ticketing?
Platforms like KYD Labs empower artists by giving them control over ticket sales and revenue, reducing losses from secondary markets.
Conclusion
While TIX remains a minor player in the crypto market, its parent project Timeworxio continues to evolve. The broader cryptocurrency landscape is witnessing significant developments, from stablecoin innovations to decentralized ticketing solutions. Stay informed to navigate this dynamic space effectively.