Siacoin Price Up 13.6% Over Last Week (SC)

Siacoin (SC) traded 4.4% lower against the U.S. dollar during the one day period ending at 21:00 PM Eastern on March 29th. Over the last seven days, Siacoin has traded 13.6% higher against the U.S. dollar. Siacoin has a total market cap of $582.52 million and approximately $31.80 million worth of Siacoin was traded on exchanges in the last 24 hours. One Siacoin coin can now be bought for about $0.0103 or 0.00000015 BTC on popular exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 1% lower against the dollar and now trades at $69,942.99 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 4.9% against the dollar and now trades at $0.21 or 0.00000304 BTC.
• Bitcoin Cash (BCH) traded 7.9% higher against the dollar and now trades at $617.86 or 0.00883370 BTC.
• Litecoin (LTC) traded up 14% against the dollar and now trades at $107.34 or 0.00153461 BTC.
• UNUS SED LEO (LEO) traded up 0.3% against the dollar and now trades at $6.09 or 0.00008704 BTC.
• Ethereum Classic (ETC) traded 5.6% higher against the dollar and now trades at $34.27 or 0.00048999 BTC.
• Arweave (AR) traded down 5.1% against the dollar and now trades at $39.40 or 0.00056338 BTC.
• Monero (XMR) traded 1.5% lower against the dollar and now trades at $133.34 or 0.00190635 BTC.
• Bitcoin SV (BSV) traded up 2.2% against the dollar and now trades at $96.15 or 0.00137473 BTC.
• Conflux (CFX) traded up 0.4% against the dollar and now trades at $0.48 or 0.00000690 BTC.

Siacoin Profile

Siacoin (SC) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its launch date was June 1st, 2015. Siacoin’s total supply is 56,796,105,000 coins and its circulating supply is 56,770,529,572 coins. The official website for Siacoin is sia.tech. Siacoin’s official Twitter account is @sia__foundation and its Facebook page is accessible here. The Reddit community for Siacoin is https://reddit.com/r/siacoin and the currency’s Github account can be viewed here.

According to CryptoCompare, “Siacoin (SC) is the native token of the Sia network, a decentralized storage platform facilitating global disk storage contributions to create a secure and private alternative to centralized cloud storage. Users can rent storage from hosts using Siacoin, with transactions managed by smart storage contracts on the Sia blockchain. These contracts ensure that hosts are paid only after securely storing a client’s file for a specified duration, incentivizing reliable storage. The concept for Sia and Siacoin was conceived by David Vorick and Luke Champine, founders of Skynet Labs, at an MIT hackathon in 2013. Skynet Labs, formerly Nebulous, continues to evolve the platform, aiming to build a decentralized internet through its application hosting and storage.”

Siacoin Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Siacoin directly using U.S. dollars. Investors seeking to trade Siacoin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Siacoin using one of the exchanges listed above.

SC/USD price chart by TradingView