In other words, Status rate, Status value or Status worth. Status’s value today depends on supply and demand. This is influenced by several factors, including the psychology of market participants and geopolitical events.
The price of Status therefore naturally grows when more and more people expect a price increase in the future and are therefore ready to buy at increasingly higher prices. On the other hand, Status’s price falls when more and more people expect a drop in prices and are therefore willing to sell at increasingly lower prices. The Status price chart shows us the Status price history and the Status price today.
The current Status price is the meeting point between buy orders and sell orders. Buyers who do not have the urgent need for Status coins are most interested in buying at the lowest possible price, and sellers who do not have an urgent need for profit are most interested in selling at the highest possible price.
In such a scenario, customers place an order to buy Status at a lower price than the current market price, and sellers place an order to sell Status at a higher price than the current market price.
Buyers and sellers are willing to wait for their order to be fulfilled, but there is no guarantee for it, as Status’s price may move far beyond their expectations. Those who are looking for a more secure way, are therefore buying and selling at the current price, as orders are fulfilled so quickly.
Kriptomat offers the lowest possible market SNT price in euros (SNT to EUR).
Check out how to buy Status on Kriptomat.