Status is an open-source decentralized application that makes it possible for its users to have instant peer-to-peer messaging, a crypto wallet, a web3 browser and other tools. Status is based on the Ethereum network, one of the most widespread and popular blockchains in the cryptocurrency industry, and allows access to a variety of decentralized applications (dApps) that operate on Ethereum, such as decentralized finance (DeFi) protocols, games, art, etc
.
Status also has its own cryptocurrency, called SNT (Status Network Token), which is used to power the application’s functionality, such as registering usernames, creating public chats, participating in governance, paying network fees, etc. SNT has a maximum supply of 6.8 billion tokens, of which about 50% are in circulation.
Status aims to create an open, secure and private ecosystem, where users can communicate, exchange and interact with Ethereum dApps, without intermediaries or censorship. Status also aims to be an inclusive and accessible platform, which can reach even people who do not have access to traditional financial services or who live in countries with authoritarian regimes
.
Table of Contents:
When will it reach 1 dollar?
The current price of Status is about 0.07 euros, equal to about 0.08 dollars. The price of Status depends on various factors, including supply and demand, news and events, market trends, competition, regulation, etc. It is not possible to predict with certainty when Status will reach 1 dollar, but an estimate can be made based on a few possible scenarios
.
An
optimistic scenario is that Status continues to grow in popularity and adoption, thanks to its offer of a complete and integrated solution for messaging, wallet and web browser3, based on Ethereum, one of the most important and innovative blockchains in the sector. In this case, Status could benefit from the increase in demand and value of both Ethereum and the dApps it hosts, and reach 1 dollar by the end of 2025
.
A
pessimistic scenario is that Status encounters technical or security difficulties, or that it loses ground compared to other similar projects that offer better or cheaper solutions for messaging, wallet and web browser3, based on Ethereum or other blockchains. In this case, Status could experience a reduction in demand and value, and delay reaching 1 dollar until 2028
or more.
A
neutral scenario is for Status to maintain a stable and moderate trend, following market fluctuations and investor expectations. In this case, Status could reach 1 dollar by 2026.
When will it reach 10 dollars?
To reach 10 dollars, Status would have to increase its price by about 125 times compared to the current level. This means that it should also increase its market capitalization by about 125 times, from about 240 million euros to about 30 billion euros. This is a very ambitious goal, but not impossible, if Status can demonstrate its long-term value and potential.
An optimistic scenario is that Status will become one of the leaders in the messaging, wallet and web browser3 sector, based on Ethereum, attracting the attention and support of important market players, such as exchanges, wallets, DeFi protocols, etc. In this case, Status could benefit from a strong network effect and greater trust and recognition, and reach 10 dollars by 2030.
A
pessimistic scenario is that Status loses relevance and competitiveness, due to poor innovation, scalability or security issues, or increased regulation or competition. In this case, Status could experience strong downward pressure and a loss of interest and confidence, and never reach 10 dollars
.
A
neutral scenario is that Status continues to grow steadily and sustainably, adapting to market challenges and opportunities, and offering a valid and reliable solution for Ethereum-based messaging, wallet and web browser3. In this case, Status could reach $10 only in the very distant future, if not ever.
When will it reach 100 dollars?
To reach 100 dollars, Status would have to increase its price by about 1250 times compared to the current level. This means that it should also increase its market capitalization by about 1250 times, from about 240 million euros to about 300 billion euros. This is a practically impossible goal, if Status fails to revolutionize the Ethereum-based messaging, wallet and web browser3 industry
.
An
optimistic scenario is that Status will become one of the most important and influential platforms in the cryptocurrency sector, thanks to its offer of a complete and integrated solution for messaging, wallet and web browser3, based on Ethereum, one of the most widespread and popular blockchains in the sector. In this case, Status could benefit from enormous demand and value, both from users and developers, and reach $100 in the very remote future, if the market allows it.
A
pessimistic scenario is that Status fails or becomes irrelevant, due to a serious technical or security crisis, or strong competition or hostility from other projects or authorities. In this case, Status could suffer a catastrophic loss of value and trust, and never reach $100
.
A
neutral scenario is that Status maintains a positive and progressive trend, but without achieving extraordinary levels of growth or impact. In this case, Status could reach $100 only in the very distant future, if not ever.
When will it reach 1000 dollars?
To reach 1000 dollars, Status would have to increase its price by about 12500 times compared to the current level. This means that it should also increase its market capitalization by about 12,500 times, from about 240 million euros to about 3 trillion euros. This is a practically impossible goal, if Status fails to revolutionize the cryptocurrency industry
.
An
optimistic scenario is that Status will become one of the most dominant and revolutionary platforms in the cryptocurrency sector, thanks to its offer of a complete and integrated solution for messaging, wallet and web browser3, based on Ethereum, one of the most advanced and powerful blockchains in the world. In this case, Status could benefit from extraordinary demand and value, both from users and developers, and reach 1000 dollars in the very remote future, if the market allows it
.
Is it considered a good investment?
Status is a cryptocurrency that offers a complete and integrated solution for messaging, wallet and web browser3, based on Ethereum, one of the most common and popular blockchains in the industry. Status has the potential to create an open, secure and private ecosystem, where users can communicate, exchange and interact with Ethereum dApps, without intermediaries or censorship. Status also aims to be an inclusive and accessible platform, which can reach even people who do not have access to traditional financial services or who live in countries with authoritarian regimes
.
However, Status is not without challenges and risks, such as competition from other similar projects, technical or security issues, regulation or hostility from other blockchains, market fluctuations, and investor expectations. Status is still a young and developing cryptocurrency, and its price and value are subject to strong volatility and uncertainty
.
For this reason, investing in Status requires a good deal of caution, research, analysis, and patience. It is not possible to predict with certainty the future of Status, but an estimate can be made based on some possible scenarios, as we have done in this article. In general, it can be said that Status is a cryptocurrency that has good prospects, but also great obstacles, and that its success will depend on its ability to demonstrate its value and its potential in the long term
.
Price forecasts from 2024 to 2030
Based on the various scenarios that we have described, we can try to make forecasts of Status’s prices from 2024 to 2030, keeping in mind that these are only indicative estimates and not certainties. Here is a table that summarizes our forecasts
:
Anno | Optimistic scenario | Neutral scenario | Pessimistic scenario |
---|---|---|---|
2024 | 0.20€ | 0.10€ | 0.05€ |
2025 | 0.30€ | 0.15€ | €0.04 |
2026 | 0.50€ | 0.20€ | €0.03 |
2027 | 0.80€ | 0.30€ | €0.02 |
2028 | 1,20€ | 0.50€ | 0.01€ |
2029 | 2,00€ | 0.80€ | 0.005€ |
2030 | €4.00 | 1,50€ | 0,001€ |