What is Status Price Prediction? [SNT 2022-2030]

Interested in a Status Price Prediction?

Today we are taking a closer look at the cryptocurrency Status (SNT), in order to determine where the digital asset might be headed in the near future.

Status is a unique project in the cryptocurrency space. Rather than being a traditional cryptocurrency, status is what is known as a decentralized application (dApp) platform. This means that it is designed to be a hub for other applications, in the same way that Apple’s App Store or Google Play store is a hub for traditional apps.

In the article below I’ll share more information about Status including my Status price prediction for 2022 and beyond.

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Table of Contents

What is Status?

Status is an open source messaging platform and mobile interface to interact with decentralized applications that run on the Ethereum Network. The Status Network Token (SNT) is an ERC20 token that is required to access the network.

Status was founded in 2017 by core members of the Ethereum Project like Jarrad Hope, Carl Bennetts, and Cory Bennett. The project raised over $100 million in an Initial Coin Offering (ICO) to fund development.

The vision of Status is to create a mobile operating system that gives users access to a wide variety of decentralized applications. The ultimate goal is to create a censorship-resistant environment where individuals can interact with the Ethereum network without having to go through a third-party.

Features of Status

Status is described as follows on the official page:

Status is a secure messaging app, crypto wallet, and Web3 browser built with state of the art technology.

This is indicative of its core features. Here, we take a brief look at each of these features, starting with the crypto wallet:

Status Wallet

The Status Wallet gives you access to your funds and no one else, not even Status. It lets you send, receive, and store ETH, SNT, DAI, collectibles and other ethereum assets.

You get to protect your money with the newest security standards, anti-phishing mechanisms, and locally generated and stored public and private keys. You can even enhance the security of your wallet with Keycard, a contactless hardware wallet.

Messenger App

Status has a messenger app that is open-source, peer-to-peer protocol, and end-to-end encrypted to protect your messages from third parties. It cuts out the middle man or third parties and keeps your messages private.

Decentralized Web3 Browser

At a time when mass surveillance is commonplace on popular platforms controlled by big tech companies, Status seeks to provide you with a browsing experience that is unfettered. The Web3 Browser app has the latest security standards to ensure a private browsing experience.

What is the Status Network Token (SNT)?

The Status Network Token is described in the white paper as a modular utility token that fuels the Status network.

Investing in Status (SNT)

If you’re looking for a good investment in the cryptocurrency world, you might want to consider investing in Status (SNT). This coin has shown a lot of promise lately, and there are several reasons why it could be a wise investment.

For one, the team behind Status is very strong. They have an impressive mix of experienced developers and well-connected advisors. This gives them the ability to get things done and push the project forward.

Another reason to invest in Status is that the project has a lot of potential. It’s a decentralized platform that allows users to interact with dapps and access services without having to go through a third party. This could make it very popular in the future.

Finally, Status has a lot of partners and is working on some exciting projects. For example, they’re working on an integration with Civic, which could make it easier for people to use their services.

All of these factors make Status a coin worth watching. If you’re thinking about investing in cryptocurrency, Status is definitely one of the coins to keep an eye on.

Technical Analysis of Status Price Chart

Status currently stands at $0.0338 USD with a market capitalization of $117,307,750, making it rank among the most valuable coins in the market. It is limited to a maximum supply of 3,470,483,788 coins.

Like other cryptocurrencies, it has been quite volatile over the past few months, peaking in May 2021. Status doesn’t always get on board with other crypto coins but it has been a rough couple of weeks. Although it has strong fundamentals, it may not necessarily be a profitable asset short-term.

Status Price Forecast

One way to predict the future Status price is to conduct technical Analysis with the past price data. There is a lot of historical data for the SNT coin that includes parameters like past price, marketcap, volume and other data. If you want to invest in digital cryptocurrencies and want a good return on your investments, do your homework first.

Disclaimer

The predictions we provide here should not be misconstrued as personal investment advice. This is not a substitute for actual advice by a personal professional advisor. We often say this when it comes to investment advice and that has been apparent in presentations like Jeff Brown’s Crypto Placements Summit and Nomi Prins Prediction 2022.

On top of that, although past results may indicate possible success, they are not a measure of how the future will look like. Therefore, although we may have past data that shows certain trends, the market cannot be timed and you may lose money even when you follow the best models.

SNT Price Prediction 2022

Like other cryptos, Status has so far had an eventful year. 2021 saw it rise exponentially to its highest price since 2018 when it started the year at a record $0.529. The current price is not a good indicator of what SNT is expected to be worth but some analyst expect it to hit a maximum value of $0.049. If the market is bullish, the minimum price could be $0.043.

Status Price Prediction 2023

In 2023, Status (SNT) prices may reach a level where the average price is $0.066. Bar any major events that change the market, the maximum price of Status could be up to $0.075. Now, having seen what the cryptocurrency market is capable of, chances are that the market may dump after a long bull run. According to some estimates, the price of Status may reach a minimum level of $0.053. Status price could also reach a maximum level of $0.065 with the average price of $0.055.

SNT Price Prediction 2024

Since Status has a vibrant community of network developers the value of the token is expected to go up. If 2024 is bullish, SNT may reach a maximum price level of $0.11 by the end of the year. If we are optimistic about the prospects of Status’s future, the predicted average price of SNT may range from $0.093 to $0.096, depending on the market.

Status Price Prediction 2025

If SNT secures more collaborations and has a few more innovations, it can realistically increase the number of users. This could drive investment in Status, which means that the price might rise. If everything goes according to plan, it may reach a maximum value of $0.16. If the market doesn’t go as well as expected, it may end the year with an average price of $0.15. That’s with a minimum price of $0.14 and the maximum price of $0.16.

SNT Price Prediction 2026

With a huge community to draw inspiration from, Status price may keep going up and eventually reach new highs by 2026. Price fluctuations are impossible to predict, especially in a market as volatile as crypto. In the end, in 2026, the price of Status can realistically get to $0.20. The maximum price in that case will be about $0.23. Status average price by the end of the year can be around $0.21.

If things go south, Status price may hit its lowest possible level of $0.15 and a maximum possible level of $0.19 with the average forecast price of $0.16.

SNT Price Prediction 2027

In 2027 Status price predictions will depend on how well developed the digital economy will be because it will provide users with autonomy. The Status network provides competitive programmable payment, logistics, and storage options. Consequently, the average price of SNT may rise to about $0.29 by 2027. The year may end with an maximum price of $0.35 and a minimum price level of $0.28.

SNT Price Prediction 2028

If by 2028 the crypto market will have gone up a few levels, the long-term price prediction for SNT has to be high because the currency is based on a platform that has solid fundamentals. It is possible for SNT to end the year with an average price of $0.42 and a minimum price of $0.40. The maximum price will be expected to be at around $0.49. For those with a more modest outlook, the price of Status may have a minimum value of $0.35. The Status price in this case will have a maximum value of $0.39 and an average trading price of $0.36.

Status Price Prediction 2029

The cryptocurrency market is driven by volatility. Crypto enthusiasts are mostly concerned about regulations and other factors that affect the price in a predictable way. In that year, Status price may reach $0.69 if the market is bullish. If the token is expected to be held by long-term investors, its average price may be $0.62. If the environment is not conducive, going by technical analysis, the price of Status can be expected to be at a minimum price value of $0.54 and a maximum price value of $0.61, with the average value of $0.55.

Status Price Prediction 2030

If the market does well, and Status attracts interest from many traders, it can easily get to $1.04 by 2030 at an average price of $0.91. With that, it will be on its way to new heights, especially if the crypto market sees another bullish trend on its way to 2030.

A more modest outlook sees the price of Status reach at a minimum value of $0.77. The Status price could at that time have a maximum value of $0.93 and an average trading price of $0.80.

Is Status a Good Investment?

Although Status has often been seen by many analysts as a great investment, its value is still expected to rise unless the wider crypto market plummets and takes it down along other digital assets.

Its value has been increasing because it has solid fundamentals and investors have made money off of it. It could prove to be an investment with a good return since its value is expected to continue to expand, because shortage will encourage a price rise.

Conclusion

The current price of Status cannot do much to tell us how much its future price will be. That will be determined by the elements that emerge from the market’s growth and development stage and that is what should inform status price predictions.

As Status reaches greater adoption and its use cases increase, the price of Status should keep going up. A Status price rise may still be curtailed by the general sentiment surrounding the market because cryptocurrencies tend to go in tandem.

This Status forecast acknowledges that SNT is a well-established cryptocurrency that has performed well up to this point. That being said, you should not rely on price forecasts to invest without taking a closer look at things from your perspective.

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David Fortune

David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.

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