Sonorus Price
(SNS)
USD($)
Sonorus (SNS) Live Price Chart
Overview
About
Analysis
FAQ
Sonorus Live Price Data
The live price of Sonorus is $0.01303, with a total trading volume of $ 56,790 in the last 24 hours. The price of Sonorus changed by -5.3% in the past day, and its USD value has decreased by -42.58% over the last week. With a circulating supply of -- SNS, the market cap of Sonorus is currently -- USD, marking a --% increase today. Sonorus currently ranks #-- in market cap.
How do you feel about Sonorus today?
Note: This data is for reference only.
Sonorus(SNS) Profile
Rank--
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Website
Documentation
Explorer
Contract
- BNB Smart Chain (BEP20) 0xF3A587...8EA
Audited By
- --
Code & Community
Investors
- --
$0.01255
$0.01483
- ATH
- $0.34271
- Price Change (1h)
- +1.39%
- Price Change (24h)
- -5.30%
- Price Change (7d)
- -42.58%
- Market Cap
- --
- 24h Volume
- $56,790
- Circulating Supply
- --
- Max Supply
- 1B
About SNS
How can I buy Sonorus (SNS)?
Buying SNS on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Sonorus (SNS) for more information. What Is Sonorus (SNS) Crypto?
Sonorus is a blockchain music platform that aims to revolutionize the music industry through decentralization. The platform focuses on fostering a fair music-sharing system where every voice matters and music consensus is collectively created.
Sonorus has experienced significant growth, with over 250,000 registered users within nine months of its inception. Its approach to music appreciation and artist empowerment has attracted widespread interest, as evidenced by its growing online presence and strong community engagement.
The success of Sonorus is attributed to a strong and experienced team comprising industry veterans with diverse backgrounds in music, technology, and blockchain. This team's vision for a decentralized, user-centric music charting platform has resonated with users and artists, distinguishing Sonorus in a competitive market.
The SNS token, which is the native cryptocurrency of the Sonorus Network, has governance utility. SNS token holders can participate in steering the platform's future through a democratic and decentralized voting process.
How Does Sonorus Network Work?
Sonorus operates as a decentralized music charting dApp that focuses on music voting and discovery. It is designed to reward music lovers, fans, and artists for their interaction and engagement within the platform. Here are some key aspects of how Sonorus Network works:
Community-Driven Environment
Sonorus includes social features that allow users to create social profiles on the platform. This enables them to showcase their music recommendations and past interactions, fostering a community-driven environment.
Empowering Music Artists and Fans
Sonorus aims to unite fans and artists, creating a transparent and fair music chart. This approach intends to empower music fans and artists by leveraging blockchain technology.
History of Sonorus and SNS Coin
In Q2 2023, Sonorus launched Project "Free Market," a new music record pricing mechanism that increases the value of a music record as more people buy it. This project also introduced a music record marketplace where users can trade their music copies. Sonorus also rolled out Project "Infra Upgrade" in the same quarter, which allowed users to log in directly with their crypto wallets. Sonorus, in collaboration with Particle Network, facilitated the creation of new wallets for those without a crypto wallet.
In Q3 2023, Sonorus unveiled Project "Launchpad," a brand new platform for all artists to submit and release their music works via the Sonorus protocol. The project also introduced Music Launchpad, a feature that allows the community to decide what music should be released. In the same quarter, Sonorus launched Project "DJ," which introduced DJ Node, a significant governance NFT that grants exclusive access to shaping the decentralized music landscape. DJ Node holders stand to reap collective benefits and rewards as the Sonorus ecosystem evolves and thrives.
In Q4 2023, Sonorus plans to launch Project "Talent Scout." This project will grant DJ Node holders exclusive privileges in endorsing new music releases on Sonorus and allow them to enjoy future revenue sharing from the success of the music they endorsed. In the same quarter, Sonorus also has plans for a second wave of SNS token airdrop campaigns designed to reward loyal and active music supporters in the Sonorus App.
In Q1 2024, Sonorus plans to roll out Project "Scout Network." This project introduces a series of social features allowing users to create their social profiles on Sonorus and showcase their music recommendations and past achievements. In the same quarter, Sonorus could also introduce Project "Loyalty Rewards," a series of rewards for community members supporting Sonorus. These rewards especially favor SNS token holders and DJ Node holders.
What Is SNS Token Used for?
$SNS is the native token of the Sonorus ecosystem and has the following use cases:
Participate in Governance on Sonorus
As a governance token, SNS allows holders to participate in the decision-making process of the Sonorus platform. This includes voting on various proposals and influencing the direction and development of the platform.
DJ Node Rewards
Holding SNS tokens and becoming a DJ Node holder entitles individuals to exclusive rewards. The mechanism for these rewards involves the distribution of SNS tokens among all DJ Nodes in relation to the total daily allocation.
Trade or HODL Sonorus Token
Trade Sonorus crypto against other digital assets on the KuCoin Spot Market to make the most of changing market conditions. Buy or sell SNS or hold it long-term if you believe in the future potential of the Sonorus platform. Ensure that you undertake crypto trading only after DYOR.
Sonorus (SNS) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $-0.00069 | -5.03% |
| 7 Days | $-0.00967 | -42.58% |
| 30 Days | $-0.00115 | -8.10% |
| 3 Months | $-0.00852 | -39.52% |
24H Investment Barometer
24H
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Sonorus Conversion Rate
FAQ
How much is 1 Sonorus (SNS) worth?
KuCoin provides real-time USD price updates for Sonorus (SNS). Sonorus price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time SNS to USD exchange rates. What Is Sonorus Tokenomics?
According to the Sonorus whitepaper, the total supply of SNS tokens is fixed at 1 billion. The token distribution is given below:
1. 55% of the SNS supply is reserved for the Sonorus community, including 34.5% for DJ Node holders.
2. 20% of the tokens were issued to the Sonorus team and advisors.
3. 18.7% of SNS was allocated to the project’s treasury.
4. 6.3% went to the Sonorus project investors.
Is Sonorus (SNS) a Good Investment?
Here are some reasons why you could consider investing in Sonorus coin:
Involvement in a Niche Market
Investing in Sonorus offers an opportunity to be involved in a niche market at the intersection of blockchain and the music industry, which could have unique growth potential.
Growth of Sonorus Ecosystem
As the Sonorus ecosystem evolves and thrives, investors and DJ Node holders may reap collective benefits and rewards associated with the platform's success.
Access Sonorus Features
Investors in SNS tokens have access to various features of the Sonorus ecosystem. This can include music voting, discovery, and other interactive elements central to the platform's user experience.
What Is Sonorus Price Prediction?
While we cannot provide an accurate SNS crypto price prediction over any timeframe, you could monitor the following factors to gain a better understanding of the price trends in the Sonorus token:
Market Demand and Supply of SNS Token
The basic economic principle of demand and supply significantly influences the Sonorus price. If more people want to buy SNS tokens than sell them, the SNS to USD price will go up. Conversely, if more people want to sell SNS tokens than buy them, the $SNS price will decrease.
Future Developments in the Sonorus Roadmap
Positive developments within the Sonorus project, such as successful updates, partnerships, or expansions, can increase investor confidence and drive up the price of SNS token. Conversely, delays or negative news can lead to SNS crypto price drops.
Community and Social Media Influence
The sentiment and engagement of the community, including discussions on social media platforms, can also impact the Sonorus token price. Positive sentiment can increase interest and demand, while negative sentiment can have the opposite effect.
Crypto Market Conditions
The broader trends in the cryptocurrency market can impact the price of individual tokens like SNS. Bullish trends in the market often lift the prices of most cryptocurrencies, while bearish trends can lead to price declines.
How to Earn on Sonorus
Here are some ways to earn crypto on Sonorus:
1. Holding a DJ Node
You can earn SNS rewards daily by holding a DJ Node. The amount of SNS earned by each DJ Node is calculated based on the total daily SNS distribution divided by the total number of DJ Nodes sold.
2. Engage with the Sonorus Platform
You can earn by engaging with the Sonorus platform and participating in various actions. This could include activities like music voting, discovery, and other forms of interaction.
3. Participate in SNS Airdrop
Sonorus offers airdrop points that can later be converted into SNS token airdrops. These points are accumulated through engagement with the Sonorus community and participation in various in-app actions.
4. Supporting and Trading Trends
You can lend your voice to emerging tracks with on-chain voting. As the community rallies behind a song, the weight of your support grows, potentially increasing the value of your music portfolio.
5. Nominating Songs
You can nominate songs on the app to earn a percentage of rewards for every vote related to your nominated song.
6. Staking SNS on Sonorus
Sonorus has plans to offer staking SNS for token holders as a way to earn passive income. As of December 2023, this feature is yet to go live. Watch this space for more information!
What is the all-time high price of Sonorus (SNS)?
The all-time high price of Sonorus (SNS) is $0.34291. The current price of SNS is down 96.20% from its all-time high.
What is the all-time low price of Sonorus (SNS)?
The all-time low price of Sonorus (SNS) is $0.01188. The current price of SNS is up 9.74% from its all-time low.
What is the market cap of Sonorus (SNS)?
The current market cap of SNS is $29.9M. It is calculated by multiplying the current supply of SNS by its real-time market price of $29.9M.
How do I store Sonorus (SNS)?
You can securely store your Sonorus in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your SNS include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert X Empire (X) to cash?
You can instantly exchange your X Empire (X) for cash using KuCoin's Fast Trade feature. This feature enables you to convert X to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.