What is the circulating supply of SNT?

The Status Network Token, commonly known as SNT, has a circulating supply of 3,470,483,788 tokens currently in the market. This figure represents the total amount of SNT that is currently in circulation and available for trading or use within the Status ecosystem.

Unlike many other cryptocurrencies, Status does not have a predetermined maximum supply limit. This means that there is no set cap on the total number of SNT tokens that can ever be created. This feature of Status' tokenomics allows for greater flexibility and adaptability in response to market demands and changes.

The lack of a maximum supply also underscores the decentralized nature of the Status network. By not restricting the total number of tokens, Status encourages participation and adoption from a diverse range of users and developers, fostering a vibrant and growing community.

Despite the absence of a maximum supply, the circulating supply of SNT provides a clear indication of the token's availability and liquidity in the market. Investors and traders can use this information to make informed decisions about buying, selling, or holding SNT.

BTCC, a leading cryptocurrency exchange, offers a range of services to cater to the needs of cryptocurrency enthusiasts. Among these services is support for trading Status Network Tokens (SNT). Whether you're interested in spot trading, futures trading, or simply want to store your SNT securely in a wallet, BTCC has you covered.