What is SIRIN LABS Token (SRN)?
Future of SRN Cryptocurrency and know how to buy SRN

What is SIRIN LABS Token (SRN)?

#1 - What is SIRIN LABS Token (SRN)

SIRIN LABS Token: The Basics

  1. Sirin Labs Token is a crypto token developed by blockchain development company Sirin Labs, and is a part of the SIRIN Labs ecosystem.
  2. Sirin Labs has been developing the first blockchain smartphone, and every product of this company is committed to using their own blockchain! They promote use of digital currencies and decentralization through SRN tokens.

SRN Development

  1. Sirin Labs was found in 2014. Solarin was their first project, which gained popularity as the most secure phone in the world. Though it was a success and was endorsed by famous celebrities like Leonardo DiCaprio, the company declared a layoff of about one-third of the staff by 2015. The reason they announced was developments in other fields.
  2. In late 2017, Sirin Labs announced the ICO (Initial Public Offering) of Sirin Lab Token (SRN) in order to give their operations a new direction. Now, they focus on bringing new technology for mass adoption.
  3. By the end of tbe ICO of the SRN token, they had raised around $157 million which was enough for development of other gadgets like PC and mobile phone.

 

#2 - What are the Benefits of SIRIN LABS Token?

Technology

Sirin Labs have built their own operating system that supports blockchain inherently. They have been using the same OS for their devices like mobile phones and computers.

  • Fee-Less Distributed Ledger Consensus The blockchain is known by the name Finney Blockchain. It supports everything from a crypto wallet, encrypted communications to secure exchange access. It is a lightweight, scalable and ASIC resistant ledger blockchain!
  • Blockshield It is a proprietary technology which secures the hardware crypto wallet. This includes several features like MAC Address Randomization, IP Address Hiding and trusted display.
  • Secured P2P resource sharing This blockchain allows fee-less, fast, micropayments for shared digital resources between FINNEY users.

 

#3 - How to Buy and Store SIRIN LABS Token?

How to buy SIRIN Labs Token

The SIRIN Labs token is available for trading on many cryptocurrency exchanges like Bittrex, Huobi and UpBit. You can buy SRN tokens in exchange for other cryptocurrencies like Ethereum.

MyEtherWallet is considered one of the most secure SIRIN LABS Token wallet. It works as an ideal one since SRN is an ERC20 token - which means any Ethereum wallet will also support the SRN cryptocurrency. You can buy SRN tokens on crypto exchanges and later store them in such wallet, but you need not buy these tokens through a specific exchange only. In fact, look no further than CoinSwitch.

CoinSwitch is an online cryptocurrency trading platform that helps you select the best deal for buying or selling cryptocurrencies. You can compare the real time prices of over 45000 cryptocurrency pairs over major cryptocurrency exchanges. You also get the access to real time charts and sharp analysis of the trends in the cryptocurrencies, including for SRN.

 

#4 - What is the future of SIRN LABS Token?

Trends so far

With a market capitalization of $41 million as of June 2018, SIRIN LABS token stands on 194th position in the list of top cryptocurrencies. It has a total supply of 573,145,073 SRN tokens, out of which around 229,258,029 are in circulation.

Also Read: Complete Analysis of SIRIN LABS Token | Live SIRIN LABS Token (SRN) Price Charts And Predictions

Price History

The SRN token had reached its peak price of $3.46 USD in January 2018 since its ICO in late 2017.

Date

Open

High

Low

Close

Volume

Market Cap

Jun 01, 2018

0.292864

0.294294

0.283300

0.291994

1,986,930

67,141,400

May 01, 2018

0.540684

0.596939

0.534775

0.586359

57,923,400

123,956,000

Apr 01, 2018

0.233822

0.239957

0.214779

0.220456

7,664,860

53,605,600

Mar 01, 2018

0.569566

0.616441

0.565164

0.604996

22,246,100

56,352,500

Feb 01, 2018

1.97

2.03

1.52

1.56

30,453,700

194,451,000

Jan 01, 2018

1.01

1.08

0.867918

0.930881

860,856

-

Future Trends

SIRIN Labs has a vision of creating open source and secure devices for mass adoption. The ranking and the market capitalization of SRN tokens determine its success so far. The biggest problem SRN tokens face is convincing average users of smartphone that a high security phone is worth investing in! If SRN tokens follow the recent trends and other products by SIRIN Labs become a success, then that day is not away when SRN token will be one of the top cryptocurrencies in the world.  

 

#5 - How is SIRIN LABS Token different from other cryptocurrencies?

  1. SRN tokens work on the FINNEY blockchain which is highly scalable. This is one of the major problems faced by major cryptocurrencies like Bitcoin, Ethereum etc.
  2. SIRIN Labs tokens have a three level authentication system which ensures high security for their users.
  3. It is an integrated cryptocurrency, that provides access to affiliated applications as well as supports common digital currencies.
  4. Most importantly, it’s a blockchain that can power smartphones thanks to its scalability and speed, unlike many other blockchains with mammoth confirmation times and general scalability issues.

 

#6 - Should you Invest in SIRIN LABS Token?

SRN tokens have immense potential for development. Given that the smartphone market is one of their targets, there’s a large industry that’s being picked on as an audience for the technology.

The ICO of SRN tokens had raised around $157.9 million, and the company is working on developing technology that can cater to the growing demands for cryptocurrencies. SIRIN Labs is partnering with brands like Google, IOTA and Bancor in order to develop SRN as well as its blockchain technology for more consumer devices. So, if they achieve what aim for, there may be interesting times ahead!

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