InstaForex

July 21, 2021

Thats it! Status (SNT) Waiting For The Day To Fly Into The Air!

 Status is categorized as a mobile and desktop operating system, serving as a decentralized browser that integrates a messaging system, allowing users to interact with the network at any time.


This means that users can send encrypted messages as well as access decentralized applications, including cryptocurrency wallets.


Released in June 2017 by Carl Bennetts and Jarrad Hope.


Uniquely, Status is an open source messaging platform between mobile interfaces, allowing users to interact with DApps running on the Ethereum blockchain.


Users get more than 2,000 DApps, can send and receive peer-to-peer encrypted messages and can make payments as well as use smart contracts.


Next, interesting if seen on the SNT/BTC chart.



At the opening of the 2021 market, SNT has managed to produce over 450% jump to record all -time highs (ATH) reaching the price level of $ 0.00000479 on April 15 last.


From a technical point of view, the price movement is seen trying to gain upward momentum and is testing the RBS zone (resistance become support) around $ 0.00000170 which is the concern of investors.


Crypto analysts expect that, if the price movement manages to see upward momentum, the SBR (support become resistance) zone around $ 0.00000190 will be the next focus to be tested first before making a higher rise.


Meanwhile, if the price movement fails to see upward momentum, the price movement is likely to re -test the SBR zone around $ 0.00000140 before making a lower decline.


At the time of writing, SNT/BTC is trading at a price of around $ 0.0000017 with a market value of over $ 200 million in the last 24 hours. Coins are currently ranked 141st in the crypto market.