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What is Status?
Status is a decentralized, Ethereum-based secure messaging app, crypto wallet, and Web3 browser. Their open-source platform can be downloaded onto any android device and functions like an app store, with the SNT token standing in as the local currency.
The Status Networks’ goal is to drive adoption of Ethereum-based decentralized apps by giving them accessibility via mobile devices. In addition to being a repository for over 2000 decentralized apps, users can also send and receive encrypted messages and cryptocurrency payments globally, then securely store those digital assets in a self-custodialized wallet.
While access is open to all and free to download, the SNT token is the currency that is used to unlock different features. Governance is managed by stakeholders who have voting rights on network development.
The final piece of the Status network is their Web3 browser, which allows users to privately access Defi applications, exchanges, games, and markets. Developers are incentivized with the SNT token to build decentralized apps on the Status platform in order to grow the network and ultimately the user base.
Status Market Price Ticker Chart
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Status Frequenty Asked Questions
Where does Status (SNT) rank among in terms of popularity? How relevant is it compared to competitors?
In terms of popularity, Status currently ranks in position 111 out of the top 1000 cryptocurrencies. Another important factor in popularity is Status‘s market capitalization – in general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. Status has a market cap of $ 819,586,883, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 1,187,757,915,082, Litecoin at $ 17,905,836,485, Ethereum at $ 262,101,735,572, Tether at $ 45,534,984,898, and XRP at $ 80,374,598,037.
What is the price of Status (SNT) today (updated in realtime)?
The current price of Status is $ 0.211207 in USD. (The price in Euros is 0,177667 €; and the price in Bitcoin is Ƀ 0.00000300 BTC.)
How has Status (SNT) performed recently?
Status‘s price has increased in the last 24 hours by 9.68%. The change in price over the last seven days was -3.07%. The trading volume over the last 24 hours was $ 139,212,647. Trading volume indicates how many units of a currency are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds, and it is considered a good indicator of popular interest in the currency.
What is Status‘s (SNT) market supply?
The total circulating (available) supply of Status is 3,880,483,788 SNT. The total supply of Status is 6,804,870,174 SNT.
What is the 24 hour volume for Status (SNT)?
The 24 hour volume of Status is $ 139,212,647.
What is Status (SNT) official website?
Status‘s official website, social accounts, blockchain explorer, and Github repository if applicable.
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