Siacoin (SC) Price Reaches $0.0057

Siacoin (SC) traded up 2% against the U.S. dollar during the 24-hour period ending at 10:00 AM Eastern on December 28th. One Siacoin coin can now be purchased for about $0.0057 or 0.00000006 BTC on exchanges. Siacoin has a total market capitalization of $327.84 million and approximately $26.99 million worth of Siacoin was traded on exchanges in the last 24 hours. During the last seven days, Siacoin has traded 4.7% higher against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 0% against the dollar and now trades at $94,288.30 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.5% against the dollar and now trades at $0.32 or 0.00000337 BTC.
• Bitcoin Cash (BCH) traded down 0.5% against the dollar and now trades at $444.70 or 0.00471635 BTC.
• UNUS SED LEO (LEO) traded 0.9% higher against the dollar and now trades at $9.29 or 0.00009849 BTC.
• Litecoin (LTC) traded 2.1% lower against the dollar and now trades at $99.56 or 0.00105593 BTC.
• Ethereum Classic (ETC) traded down 0% against the dollar and now trades at $26.21 or 0.00027795 BTC.
• Monero (XMR) traded up 2.1% against the dollar and now trades at $197.97 or 0.00209960 BTC.
• Arweave (AR) traded 2% higher against the dollar and now trades at $17.07 or 0.00018104 BTC.
• IOTA (MIOTA) traded up 0.5% against the dollar and now trades at $0.30 or 0.00000317 BTC.
• Bitcoin SV (BSV) traded 0.5% higher against the dollar and now trades at $53.47 or 0.00056706 BTC.

Siacoin Coin Profile

Siacoin (SC) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its genesis date was June 1st, 2015. Siacoin’s total supply is 57,769,785,000 coins and its circulating supply is 57,740,391,700 coins. Siacoin’s official website 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 currently possible to purchase alternative cryptocurrencies such as Siacoin directly using US dollars. Investors seeking to trade Siacoin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Siacoin using one of the aforementioned exchanges.

SC/USD price chart by TradingView