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Status price

(SNT / USD)

Market stats

$104.5M

$40.6M

-18.64%

3.5B SNT

11 days

72% buy
28% sell

#87

$0.68

-0.24%

-5.98%

+0.18%

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About Status

SNT is an Ethereum token that powers Status Network, a secure messaging app, crypto wallet, and web3 browser. SNT is used to reward network validators and is required for certain actions such as registering user names, and voting on the future of the network.

What Is Status (SNT)?

Status is an open-source messaging platform and smartphone interface that allows users to connect with Ethereum-based decentralized apps. Status is a web application built with decentralized technology that offers a window into the emerging decentralized web. Moreover, Status claims to be a portal to irrefutable commerce of no extra charges, peer-to-peer payments, and encrypted p2p conversation.

The whitepaper mentions that Status seeks to be the first decentralized messaging platform to reach the West or developing countries. Utilizing the messaging feature as a platform, Status connects directly to the Ethereum network, adhering to its permissionless, decentralized, and trustlessness principles.

Social bots are a form of automated software that manage a social media account, advocate for specific views, promote campaigns, and sway public opinion. These social bots are becoming increasingly popular nowadays. However, these bots corrupt online debates by giving their messages fake credibility and influencing people. Status intends to solve this issue of social bots and media manipulation by using decentralized technology based on the Ethereum blockchain.

The Status mobile Ethereum client claims to offer a comfortable and well-suited feel for mass adoption by utilizing the messaging-as-a-platform user experience. Status is an open-source platform that charges zero fees. The platform respects users' rights and gives them total control over their data.

The native token of the platform is the Status Network Token. The symbol of the native token is SNT. The Status Network Token is a modular utility token used to power the Status network.

History of Status

Carl Bennetts and Jarrad Hope are the cofounders of Status. The whitepaper was published on June 15, 2017.

Status is on the rise this week.

The price of Status has risen by 0.18% in the past 7 days. The price declined by 5.98% in the last 24 hours. In just the past hour, the price shrunk by 0.24%. The current price is $0.030035 per SNT. Status is 95.58% below the all time high of $0.68.

The current circulating supply is 3,470,483,788 SNT.

Status on social media.

Status was mentioned in 33 out of 1,562,555 social media posts on Twitter and Reddit on Jul 04, 2022. 44 unique individuals are talking about Status and it is ranked #634 in most mentions and activity from collected posts.

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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

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