Crypto.com Extends Support to Low-Cap Messaging Altcoin That Coinbase Recently Listed

Singapore-based crypto exchange giant Crypto.com is listing the low-cap altcoin project Status Network Token (SNT).

Status is a secure messaging app, crypto wallet, and Web3 browser using an open-source, peer-to-peer protocol and end-to-end encryption, according to the project’s website.

Crypto.com customers can now purchase SNT with dollars, euros and more than 20 other fiat currencies.

Coinbase Pro listed SNT last week, and Coinbase’s retail trading platform expanded support for the altcoin shortly afterward. The exchange listed SNT under the Experimental label, meaning it may have higher volatility and lower trading volume when compared to other assets in Coinbase’s lineup.

SNT costs $0.056679 at time of writing, roughly the same price as one week ago. The 243rd-ranked crypto asset by market cap is down by more than 6% compared to where it was priced one month ago.

Crypto.com has also recently announced it will support the NuCypher (NU) and Keep network (KEEP) merger. As a result, the Singapore-based exchange delisted NU and KEEP on Thursday.

Keep Network (KEEP) is a privacy layer for public blockchains that lets users and decentralized applications store data securely and privately.

The project underwent a decentralized on-chain network upgrade in combination with NuCypher (NU), a platform that offers cryptographic services such as access control and data privacy. The two networks merged to form Threshold (T), which launched at the beginning of 2022.

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