Status (SNT): A “Small” Coin Talk
Connect with us

Blogs

Status (SNT): A “Small” Coin Talk

Published

on

SNT

SNT, otherwise known as Status coin, might be a small coin. But, with over a thousand of different tokens available on the market, small coins may mean big opportunities. In case you have forgotten, Bitcoin used to be “small” as well – and look at it now! Bitcoin reached a price so high that people are actually losing big money every time this coin experiences a decrease or two in a row. To keep up with SNT and opportunities behind it, we are writing up everything you need to know about this digital token.

A couple of words on SNT

Before investing in any coin, always make sure you know what you are investing in – that is after all why it is always good to know what coin you are dealing with. The main idea behind SNT is establishing easy communication between two parties. SNT is actually a part of Ethereum network and it serves its purpose for allowing all members of Ethereum that are using this token and its application to easily communicate. Within SNT all members have full access to chat options, messaging, making transactions and easily communicating.

So, instead of choosing to go for WhatsApp or another similar app, you can fully rely on using SNT for chatting or messaging with the Ethereum platform.

As you already know, Ethereum is one of the leading platforms with different tokens supported within this decentralized ecosystem. Having SNT existing within this platform and being used on Ethereum probably adds to the value of this coin.

What makes Status stand out from classic messaging apps such as WhatsApp, is its encryption and safety. Since SNT is fully encrypted, existing on top of Ethereum’s blockchains, this token is everything you need for establishing privacy within your favorite decentralized platform.

As a great addition, SNT has peer-to-peer protocol and it is also planned to enable working with smart contracts within this token and its neat interface. The interface is made to be user-friendly, so you are able to access and browse information on all your transactions as well as having the option to chat and send messages to the chosen parties.

SNT: Sell or Buy?

Definitely, buy! Status is one of those small coins that still have the potential of becoming one of the few coins that could be worth a lot. This is especially the case if you add the fact that this token exists within Ethereum. That fact definitely adds up to its value.

With all announced features SNT developers are planning on incorporating, this token could potentially hit the price of 1$ by summer 2018. In case the changes are applied soon, with having all those changes functioning properly, this jump in price might occur even sooner.

The thing that makes a coin desirable might probably be its features as a primary source of interest. If you know that a coin could allow you to make fats transactions while at the same time being able to access easy and real-time communication, your attention is probably bought!

The second thing that might buy your affection and make you buy a coin is its functionality – if a coin is working properly, with no loops or bugs hidden somewhere in its blockchain base, then that coin might be worthy of attention.

SNT most definitely has a promising background that makes us conclude that now is the perfect time for investing in Status.

Another thing that makes this coin a great investment is its price – the price is still low, going under 0.2$, so you can easily buy lots of these at a fair price and hope that then predictions for SNT will turn out to be true.

What Could Happen to SNT?

As it is now, SNT is doing pretty well. Yesterday, on February 5th, this token traded on all major exchanges at the price of 0.21$. After having a selloff, this token is now worth 0.18$ after having a decrease of -13% against the dollar.

As far as the price against ETH and BTC concerned, SNT has experienced increases against these two currencies, having been increased for nearly 2% and 6.8% against ETH and BTC.

The decrease probably represents the result of having SNT being widely sold, but still, this coin is doing pretty well with only a single decrease in the past couple of days.

If anything, the latest price makes this coin even easier to purchase within bulk investments.

Also, you need to remember that the market demand also dictates the price of a coin, so the more people are buying a certain coin, the greater its value is. If you take into consideration that this coin is a part of a greater more stable network, Ethereum, adding all plans the developers have for SNT, this coin might soon become one of the most promising coins currently circulating the crypto market.

To conclude the story about Status Network, SNT, if you are planning on investing in this crypto token, it’s better to do it now than late.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of coinmarketcap.com

Blogs

How Can Foreigners Get Loans in Singapore

Published

on

loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

Continue Reading

Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

Published

on

Aluna.Social

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

Continue Reading

Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

Published

on

CoinFlip

As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies like Bitcoin and Dash, to help protect their assets and hard-earned…

Continue Reading

Press Release