Status network token (SNT), an ERC-20 token, has seen marked progress after its relaunch and poses potential for future price breakouts. The token is available on popular trading platforms such as
INDODAX and
Binance, although it is under close monitoring for possible delisting. Status has been receiving much attention as the third most actively developed crypto application, which builds anticipation for its mobile beta release. The
ER-20 coins, including SNT, have caught investors' attention amidst prospects of an approved Ethereum ETF. Status, being headquartered in the populous crypto hub of
Zug, Switzerland, also enjoys a favorable investment climate. In the context of the larger crypto-market,
Bitcoin's price stability has paved the way for altcoin season, increasing the appeal of alternatives such as SNT. However, it is essential to recognize factors like
low trading volume and other predefined risk parameters that lead to delisting on platforms like
Poloniex and
Bitfinex.
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