|Based on||Cloud Storage Blockchain|
|All-time high||$0.111708 USD|
|Exchange Platform||Binance, Upbit, Bittrex, Kraken, HitBTC, Digifinex, Huobi Global, CoinEx, Vcc Exchange, OKEx, Bittrex, BigONE, WazirX|
|Wallet||Sia Wallet, Ledger.|
Siacoin Price Prediction: Siacoin (SC) is the native utility token of Sia, a blockchain-based distributed, a decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space. Agreements and transactions are enforced with smart contracts, and Siacoin is the medium of exchange for paying for storage on the network.
The main goal of the Sia project is to become the “backbone storage layer of the internet.” Sia was originally announced in May 2014 before being revised and re-announced a year later in May 2015. It officially launched in June 2015.
What Makes Siacoin Unique?
Siac offers the best affordable cloud storage services in the market, where there is no need to create an account, server, and third-party involvement. Basically, the aim of Siacoin is to create the most efficient, user-friendly, cheap, and secure storage platform.
Sia working is simple the platform connects user who wants to share unused hard drive storage with the user who wanted storage, in which blockchain provides security for users and host. So, the vision is clear on the platform you will have full control over data and storage that minimize the risk of data misplacing, hacking.
Nebulous Inc. is the parent company that launched the Sia platform in 2015 which is based in Boston. The original idea behind launching Siacoin is of David Vorick and Luke Champine. Siacoin has a good use case, well-designed tokenomics, active community, and a solid team behind it.
Siacoin Price Prediction 2021, 2022, 2025, 2030
|Month & Year||Siacoin Price Prediction|
Siacoin Price Prediction 2025
Siacoin began the year 2021 for $0.005. It might focus on delivering solutions both at the community and enterprise levels. If it fails to catch the market’s attention, its price will most certainly decline. Siacoin may trade at $0.0279 by the end of 2021 and January eventually reaching $0.0415.
Siacoin Price Prediction 2030
In terms of price, Siacoin has an outstanding potential to reach new heights. It is forecast that SC will increase in value. According to specific experts and business analysts, Siacoin can hit the highest price of $0.8 till 2030. Siacoin price is forecast to reach the lowest possible level of $0.6 in 2030. As per our findings, the SC price could reach a maximum possible level of $0.8 with the average forecast price of $0.6.
Siacoin Price Analysis
According to its whitepaper, the long-term goal of Sia is to compete with existing storage solutions. It sees itself as being in direct competition with major cloud storage providers such as Amazon, Google, and Microsoft. Because of its decentralized nature, Sia is able to offer competitive storage rates.
Siacoin is getting popular day. It has put a moderate performance this year, started the new year at $0.0012 USD, and showed consistent growth coin reaches $0.0034 and obtained a price change of 134%.
As of today, this is the best figure for the year 2020, but that wasn’t last for a long time because after that Siacoin almost dropped below $0.0010 USD which was the lowest trading price of the last 1 year of SC coin run.
Talking about history Nebulous Inc. is the parent company of Sia, as they are currently holding more than 8k Siafunds, as Siafunds is the second active token in the ecosystem, which was launched to benefit Siacoin price growth.
Siacoin Price Current Data
The live Siacoin price today is $0.020707 USD with a 24-hour trading volume of $74,057,898 USD. Siacoin is down 0.58% in the last 24 hours.
The current Siacoin CoinMarketCap ranking is #109, with a live market cap of $1,021,989,785 USD. It has a circulating supply of 49,354,972,992 SC coins and the max. supply is not available.
Is Siacoin a good Investment?
Siacoin’s value is expected to continue to expand, as shortage tends to encourage price rise. Please note, there is some risk to any investment. Just invest in what you can accomplish before coming to any conclusions and conduct the maximum research possible.
As we can see that in the last 4 months, Siacoin has shown a growing trend. Thus, we think that similar parts of the market were quite popular at that period. According to the latest data collected, the trading volume of Siacoin is increased from 4 months. The trading volume constitutes a vital role in its price.
Can Siacoin reach $0.1?
Yes, it is possible that Siacoin can reach $0.1 but after the 2022 or 2023 start so you must analyze your investment if it’s in the long term or short term.
Can Siacoin reach $1?
No one can predict cryptos with 100% accuracy as its highly volatile. As per our price prediction analysis, we see no possibility for Siacoin to reach $1 in a short-term period. But maybe there can be a sudden spike in Sia like Dogecoin then surely it can reach someday $1.
How to buy Siacoin?
As Siacoin is gaining popularity, many exchanges are listing Siacoin on their platform for trading. If you would like to know where to buy Siacoin, the top exchanges for trading in Siacoin are currently Binance, Mandala Exchange, WazirX, OKEx, FTX, Bitbns, and Huobi Global.
You can read here about Best Crypto Trading Platforms to buy Cryptocurrency (Top-10)