ForeverMoney (SN98): Uses, Supply and Risks

ForeverMoney, ticker SN98, is associated with Subnet 98 on the Bittensor network. Its project description presents it as part of an on-chain automated liquidity manager, or ALM, intended to manage liquidity positions on decentralized exchanges. Rather than having a liquidity provider choose and adjust positions manually or follow a fixed strategy, the system is described as using a decentralized group of contributors to estimate and execute changing liquidity ranges.

The stated goal is to earn trading fees while reducing risks such as impermanent loss. That is a project aim, not a guarantee: liquidity strategies can lose value, and actual results depend on market conditions, the system’s implementation, and the venues where positions are managed. Public descriptions establish the project’s intended function, but do not by themselves demonstrate its performance or adoption.

SN98 is described in connection with the ForeverMoney project and Bittensor Subnet 98. The public project description focuses on automated liquidity management, but does not clearly state what SN98 itself is used for. It does not establish whether holding the token is required to use the ALM, or whether the token provides governance rights, subnet incentives, fee payments, or another specific function.

That distinction matters: a project’s product and its token can have different roles. Before using or acquiring SN98, look for current documentation that explains the token’s rights, how it relates to subnet participation, and whether any fees or rewards are paid in it. Do not assume that the ALM’s stated goal creates demand for SN98 or guarantees that token holders receive a share of trading fees.

As of November 5, 2026, reported circulating and total supply were both about 3.94 million SN98, against a stated maximum supply of 21 million. The figures indicate that the reported circulating amount was below the maximum; they do not explain the release schedule, who controls unissued tokens, or whether supply can change under the project’s rules. Check current project documentation for those details.

On the same date, SN98’s market capitalization was about $1.9 million, with roughly $15,400 in 24-hour trading volume. Its reported price was about $0.49. These are time-sensitive market figures, not stable characteristics of the token. Reported historical prices also varied substantially: the listed all-time high was about $3.87 on June 13, 2025, and the all-time low was about $0.0082 on April 3, 2026. Past prices do not indicate future performance.

SN98 is identified with Bittensor and Subnet 98, but public sources do not specify an exact token standard, contract address, or complete list of networks on which it can be held or transferred. Do not assume that a token with the same name or ticker on another network is the same asset. Before sending SN98, confirm the official network and token details using current project documentation and your wallet’s supported-asset information.

If you hold the token, use a wallet that explicitly supports the correct network and protect its recovery phrase offline. Never share that phrase or sign a transaction you do not understand. A mistaken network selection, fraudulent token, compromised device, or lost recovery phrase can result in permanent loss. Avoid relying on an exchange or wallet search result alone to verify an asset’s identity.

SN98 carries risks common to small crypto assets as well as risks tied to its particular project. Its reported trading volume was modest as of November 5, 2026, which can make it harder to trade at a preferred price; market prices and available liquidity can change quickly. The token’s stated maximum supply does not explain future issuance or distribution, and public descriptions do not clearly establish the token’s rights or how its value relates to the liquidity-management service.

The ALM’s aim to reduce impermanent loss does not remove the possibility of losses. Smart-contract faults, changing market conditions, poor execution, or limited adoption could affect the service and its users. Bittensor subnet participation and token markets also involve technical and governance uncertainty. Research current documentation and token details before taking action, and only risk funds you can afford to lose. This is information, not a recommendation to buy or sell.