CMC shows this is up 450%. Bittrex is slow in showing those gains, maybe means can still buy? Yobit and Cyrptopia already showing a massive jump in price. Been aware of this coin for a while, looks good.
when i write this, the price of syndicate on bittrex is about 0.00003342 BTC and yobit 0.00011000BTC
why the price is different, you can buy more than 3 coin on bittrex for 1 coin on yobit..
Yes, that's arbitrage. You have low volume on smaller exchanges, so someone wants all the coins, and there is more of a demand.
You can then transfer the coins off that exchange if the price to sell is too low.