Siacoin serves as a decentralized cloud storage and is a P2P blockchain-based network. The network relies on the participants of the platform to provide strafe services.
The participants can also rent excess bandwidth to Siacoin users as well as other consumers.
Siacoin Price Prediction
At the time of writing this article, Siacoin’s worth was 0.01 US dollars. Over the past 24 hours, it has gained 0.01% worth, and over the last 7 days, the coin has lost around 2.91% of its value.
Siacoin market cap is $412,752,388.87 with a circulating supply of 57,058,591,976 SC and a trading volume of $12,421,713.83.
The all-time high that the coin has ever had is 0.11 US dollars and the all-time low that the crypto has ever had is $0.000011.
Based on the live details that we have access to, it is forecasted that by the end of the next 7 days, the price of the coin may be $0.007275 which is a 1.02% loss in its value.
Siacoin has a bearish sentiment in the market with a 12.61% volatility. Over the past 30 days, it has had 15 green days which makes up to 50%.
The 50-day SMA of the coin is $0.008680 with a 200-day SMA of $0.007692 and a 14-day RSI of 43.80
Here we have made the price predictions for the coin for the coming years. Go through it to find out what happened to the value of the coin in 2030.
Siacoin seems like a good investment, right now. Note that we have made these price predictions based on the currently available details.
All these may change at any time. Therefore, we suggest you do your own research before you invest in the coin.
Jay Dawson
Jay Dawson, a cryptocurrency expert based in Dallas, TX, is passionate about sharing knowledge on Bitcoin and other cryptocurrencies, ensuring traders stay updated with the latest trends. His goal is to empower others with valuable insights into the dynamic crypto market.