Status (SNT) Price Prediction – 2024, 2025 – 2030

Status (SNT) Overview

Status (SNT) Introduction

One of the byproducts of internet communication development is user-generated website content and social media. With the expansion of this media came bots, which are automated software that manages social media accounts designed to advocate specific ideas, support campaigns, and sways public opinions in a certain way. These bots take away the credibility of online discussions as they influence users and lend false credibility to their claims.

Recent research studies argue that about 15 percent of supposed active Twitter users are bots. This questions the integrity of the data and news pieces consumed on social media. Experts argue that the integrity problem is associated with the design of social media platforms, and a redesign of social networks will solve the challenges of integrity and quality.

Presently, the social network design includes three major groups: owners, advertisers, and users. Each party serves specific functions that contribute to the sustaining platforms and is motivated by interests that differ from those of other parties.

• The owner refers to the network’s creator, who is focused on attracting and retaining users on the network. The owners do not necessarily have the users’ interests at heart; they only seek to extract value from them.
• The advertisers refer to the group that helps the owners extract value from the users. This is done through purchasing user data and targeted advertisements based on user profiles.
• The User refers to the group that uses the platform to interact. Users have no control over the flow of information on the networks and end up bombarded with ads.

Status believes a model that unites these groups’ interests would create the best social network experience. Therefore, Status seeks to make a user-as-a-stakeholder network that aligns network processes and software with user interests.

What is Status (SNT)?

Status is an open chat and Web3 platform designed to interact with decentralized applications on the Ethereum platform. Status provides the perfect entrance into Web3 through its decentralized technologies. It is an ecosystem populated by Decentralized Applications (DApps) that permit free participation and trade, peer-to-peer payments, and protected communications between users.

The Status project enables users to

• Execute smart contracts and payments and send and receive cash.
• Utilize a built-in status wallet to store assets
• Browse, chat and interact with decentralized applications and chatbots

Status chooses the Ethereum network because of its highly decentralized and Web3 compatible technologies. The Ethereum network provides Status with a medium of consensus that is decentralized, permissionless, trustless, and immutable that permits secure and fast transactions.

Status creates a social environment guided by equality as it gives users the power, through governance, to influence the designs and utility of network applications. While Status owners have the right to determine the procedures and decisions on applications, users make decisions on proposals through their stake in the system. The amount of token a user holds determines his voting powers.

The native token of the Status ecosystem is the SNT. The Status Network Token(SNT) is a modular utility token that fuels the Status network. This includes a Decentralized Push Notification Market, Governance of the Status client, Community Curation of content, and social communication tools such as Tribute to Talk. We also propose a fiat-to-crypto ‘Teller Network,’ DApp Directory, and Sticker Market and demonstrate our research on a User Acquisition Engine to grow the Network.

SNT provides the following functionality within the Status ecosystem:

• Facilitates the use of ecosystem resources
• Grants voting rights to users
• Allows the user to create user names
• SNT permits the selection and activation of push notification
• Facilitates the creation of group chats and more

Status provides chat and browser functionalities that were initially impossible within the Web 2.0 environment in a flexible and accessible manner while addressing the integrity, trust, and reliability challenges of mainstream social media news.

Status (SNT) Fundamental Analysis

Fundamental analysis involves investigating specific internal and external factors of an asset to measure the coin’s intrinsic value. To arrive at the most appropriate Status price prediction, we will examine the coin’s scalability and partnerships to understand its market sentiments.

Scalability

Status is built on the Ethereum blockchain. There it has unlimited access to the tools and resources within the Ethereum ecosystem. Status is expected to experience significant scalability as Ethereum’s deployment of the Eth 2.0 functionalities comes live.

Collaborations

In 2020 Status collaborated with the Vancouver Biennale art project. The project aimed to pool resources together towards encouraging artists to bring resources together to create a sticker space. The sticker maker competition hopes to increase media attention and promote creativity and community spirit.

To simplify the process of contributing to grants, Status partnered with Gitcoin. The partnership started with Round 7, a Gitcoin grant program. Status will create a pool of funds for the Gitcoin grants program While Gitcoin manages the grant coordination and management.

Status also took a bold move to partner with Decentraland, a virtual reality platform built on the Ethereum blockchain. The partnership aimed to include Status’ SNT as a payment and bid option for the Decentraland auction. The partnership will make it possible for Status users to navigate to the Decentraland platform from their Status application.

Status (SNT) Current price

Status is currently worth $0.040525 USD. SNT has moved -7.72% in the last 24 hours with a trading volume of $9,176,687. Status is currently ranked 348 amongst all cryptocurrencies with a market capitalization of $161,990,897 USD.

Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Status (SNT) to decide wether it is going to have a bullish or bearish year.

Status (SNT) Price Predictions

The value of social media market capitalization reached $159.68 billion in 2021 and is projected to surpass 200 billion in 2022. This points to the lucrative social media economy that exists. With a reliable and innovative solution built on blockchain technology, Status might have positioned itself to take a massive chunk of the social media market cap in the future.

Our price prediction forecasts use real-time Status (SNT) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

Status (SNT) Price Prediction 2024

Status, according to some, is one of the most amazing cryptocurrencies to rise this year (SNT). The SNT price forecast for 2024 anticipates a significant increase in the year’s second half, possibly reaching $0.060787.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.056734 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. SNT is expected to have a minimum value of $0.048629.

Status (SNT) Price Prediction 2025

In 2025, Status SNT price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of SNT will soon surpass $0.101311. However, we should wait to see if the SNT’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, SNT will trade with a minimum trading price of $0.081049 and an average trading price of $0.089154.

Status (SNT) Price Prediction 2026

If the upward trend continues until 2026, it could reach $0.141836 and SNT may profit. If the market experiences a decline, the goal may not be met. SNT is expected to trade at an average price of $0.129679 and a low of $0.121574 in 2026.

Status (SNT) Price Prediction 2027

If Status successfully boosts market sentiment among cryptocurrency enthusiasts, the SNT coin price could remain stable for the next five years.

According to our projections, SNT will be green in 2027. The SNT is expected to reach and surpass its all-time high in 2027. In 2027, the virtual currency will be worth $0.18236, with a minimum price of $0.162098 and an average price of $0.170203.

Status (SNT) Price Prediction 2028

After some extensive forecasting and technical analysis, we estimate the SNT price is expected to cross an average price level of $0.210728 by 2028, with a minimum price of $0.202623 expected before the end of the year. Furthermore, SNT has a maximum price value of $0.222885.

Status (SNT) Price Prediction 2029

Due to the future partnerships that are expected to happen by 2029, we are expecting that a bullish trend will continue, bringing the average price to around $0.251252. If SNT manages to break the resistant level in 2029, we could see a maximum price of $0.26341, failing to gather the support SNT needs by 2029 could result in a low of $0.243147.

Status (SNT) Price Prediction 2030

While SNT is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $0.283672 and a yearly price close above $0.303934 in 2030.

Status (SNT) Price Prediction 2031

By 2031, Status will finally surpass its previous ATH values and record new price levels. The minimum price could be $0.324196 and potentially reach a maximum price value of $0.344459, averaging out at $0.332301.

Status (SNT) Price Prediction 2032

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2032, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum SNT price in 2032 is projected to be $0.397141 in the event of a bull run, with an average price level of $0.380931.

Conclusion

Status employs blockchain technology to provide a commendable solution to the challenge of integrity associated with Web 2.0 social media design. It uses the Ethereum blockchain to deploy a permissionless, trustless, and open chat platform that empowers users to influence the development choices of applications. Status redefines the interest relations between components of the social media community and would no doubt benefit from its novel ideas and solutions.

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