On December 31, 2023, the Status token (SNT) experienced a notable decline, trading 3.4% lower against the US dollar during a 24-hour period ending at 11:00 AM Eastern Time. As a result, one Status token is currently valued at $0.0137 or 0.00000016 BTC on various major exchanges. Over the last week, Status has seen a decrease of 1.1% against the dollar, reflecting a challenging trading environment for this cryptocurrency.
Status Market Overview
With a total market capitalization of approximately $65.74 million, Status has generated around $3.48 million in trading volume within the past day. The token, which launched on June 19, 2017, has a total supply of 6,804,870,175 tokens, with a circulating supply of 4,797,520,147 tokens. The fluctuations in its value highlight the volatility often seen within the cryptocurrency market.
Investors looking to acquire Status may find it challenging to purchase this token directly with US dollars. Instead, they typically need to buy Bitcoin or Ethereum first, using exchanges such as Changelly, Gemini, or GDAX. After acquiring Bitcoin or Ethereum, these assets can then be exchanged for Status on the same platforms.
Community and Resources
Status maintains an active online presence, with its official Twitter account available at @ethstatus and a dedicated Facebook page. The community can engage further through the Status subreddit at reddit.com/r/statusim and explore development updates via its GitHub account. More information can also be found on the official website, status.im.
For those interested in staying updated on Status and similar cryptocurrencies, MarketBeat.com offers a free newsletter, CryptoBeat, providing daily summaries of the latest news and developments in the crypto space.
