24/7 Market News Snapshot 09 June, 2025 – Synaptogenix, Inc. Common Stock (NASDAQ:SNPX)

June 9, 2025

DENVER, Colo., 09 June, 2025 (www.247marketnews.com) – (Nasdaq:SNPX) are discussed in this article.
Synaptogenix, Inc. (Nasdaq:SNPX) is garnering attention following a notable pre-market surge, with shares trading at $4.013, marking a striking 66.51% rise from the last closing price of $2.410. This significant upward trend signals robust investor interest, amplified by a trading volume of 4.25 million shares, reflecting positive market sentiment. The intriguing price movement may be attributed to recent developments within the company, suggesting that stakeholders should monitor SNPX closely as it shows potential for continued momentum in the biotech sector.

In tandem with this market activity, Synaptogenix has unveiled a forward-thinking cryptocurrency treasury strategy focused solely on the AI token TAO. This token stands out for its substantial market capitalization and adoption within the growing artificial intelligence sector. The initiative, led by crypto and AI expert James Altucher, aims to enhance revenue through staking yield and capitalizing on expected token appreciation. The firm plans to initially acquire $10 million in TAO tokens, significantly exceeding its current market capitalization, with a projected goal of amassing $100 million in TAO assets. This acquisition will leverage the company’s strong cash reserves, fostering a path toward sustained growth.

Chairman of the Board Joshua Silverman emphasized the strategic pivot towards TAO as a landmark decision, underscoring the company’s commitment to exploring innovative opportunities in the digital asset space. Altucher shares this vision, expressing excitement about exploring the intersection of AI and decentralized networks, forecasting substantial growth potential. Additionally, as Synaptogenix embarks on this transformative journey, it plans to rebrand itself, aligning its identity with its expanded focus on digital assets, complemented by the launch of a new corporate website to provide further insights into its evolution.

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