Status is an innovative platform that aims to bridge the gap between mobile users and the Ethereum blockchain. By combining a secure wallet, a Web3 browser, and a messaging app, it empowers users to engage seamlessly with decentralized applications. With a strong focus on privacy and security, Status is positioning itself as a key player in the evolving landscape of decentralized technologies.
Status (SNT) is a cryptocurrency and decentralized application platform that aims to empower users by providing a secure and private communication medium along with decentralized application capabilities. It operates primarily on the Ethereum blockchain, leveraging smart contracts and the functionality of the network to deliver on its promises of privacy and user control.
The Status project positions itself as a communication tool that integrates a cryptocurrency wallet, a decentralized web browser, and a messenger. This combination creates a unique ecosystem focused on user privacy, aiming to challenge traditional messaging apps and web browsing experiences by emphasizing decentralization. The project's commitment to open-source principles and user rights further enhances its appeal among privacy-conscious users.
Status has experienced a rollercoaster ride since its launch. The coin reached its all-time high (ATH) of $0.684918 in January 2018, shortly after its Initial Coin Offering (ICO). However, in subsequent years, it faced significant price declines, leading to an ATH change of approximately -96.44%. The coin reached its all-time low (ATL) of $0.00592935 in March 2020, marking a challenging phase for the project. Since then, the price has shown relative recovery, with a recent trading price of around $0.0243, indicating a remarkable increase of over 311% from its ATL.
Like any cryptocurrency, Status comes with its advantages and drawbacks. On the positive side, the platform's focus on user privacy and decentralization appeals to a growing audience concerned about data security. Its integration of multiple functionalities—wallet, browser, and messaging—creates a robust ecosystem that is attractive to users looking for an all-in-one solution.
Conversely, Status faces challenges with adoption and competition. The decentralized application market is crowded, and Status competes with established players in the messaging and finance sectors. Moreover, the fluctuation in the coin's price can deter potential investors, particularly those wary of the volatility typically associated with cryptocurrencies.
Looking ahead, the future of Status depends heavily on user adoption and the broader cryptocurrency market landscape. If the project can successfully engage users and solidly position itself within the growing DeFi and Web3 spaces, it may see increased traction. The team actively developing the platform and enhancing its features will play a crucial role in this journey, as will the overall sentiment surrounding cryptocurrencies in general. Investors and users alike will be watching closely to see if Status can capitalize on the increasing demand for privacy-focused solutions.
Status (SNT) presents a compelling option for users looking for a multifaceted platform that prioritizes user privacy and decentralization. While its past price challenges might raise concerns for some, the potential for recovery and growth exists, especially if the platform can leverage its unique offerings to attract more users and navigate the evolving digital landscape effectively. Continued innovation and community engagement will be vital for Status to secure its position in the competitive cryptocurrency ecosystem.
For those interested in diving deeper into Status, you can access the official website [here](https://status.im/) and read the [whitepaper](https://status.im/whitepaper.pdf) for a comprehensive understanding of their vision and technology.
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General Information |
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Title
Status
|
Symbol
snt
|
Whitepaper
|
Website
|
Community
-
|
Last Updated
2025-02-01 23:51
|
Price Data |
Current Price $
0.03796097
$
|
High 24h
0.04346965
$
|
Low 24h
0.03770119
$
|
Price Change 24h
-0.0021234549893303
$
|
Price Change % 24h
-5.29746
%
|
Market Data |
Market Cap
150310327
|
Total Volume
8573320
|
Market Cap Change 24h
-7946291.0655683
|
Market Cap Change % 24h
-5.02114
%
|
Return on Investment (ROI)
-
|
Supply and Availability |
Circulating Supply
3960483788.3097
|
Total Supply
6804870174
|
Max Supply
-
|
Historical Data |
All Time High (ATH)
0.684918
|
ATH Change %
-94.46047
%
|
ATH Date
2018-01-03 00:00
|
All Time Low (ATL)
0.00592935
|
ATL Change %
539.88993
%
|
ATL Date
2020-03-13 02:10
|