Siacoin Price Tops $0.0070 on Major Exchanges (SC)

Siacoin (SC) traded 1.8% higher against the dollar during the one day period ending at 15:00 PM Eastern on April 18th. Siacoin has a market cap of $399.98 million and approximately $15.26 million worth of Siacoin was traded on exchanges in the last 24 hours. One Siacoin coin can currently be purchased for about $0.0070 or 0.00000011 BTC on major cryptocurrency exchanges. In the last week, Siacoin has traded 25.4% lower against the dollar.

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

• Bitcoin (BTC) traded 3.8% higher against the dollar and now trades at $63,339.19 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.2% higher against the dollar and now trades at $0.15 or 0.00000238 BTC.
• Bitcoin Cash (BCH) traded 3.4% higher against the dollar and now trades at $481.53 or 0.00760239 BTC.
• Litecoin (LTC) traded 1.6% higher against the dollar and now trades at $80.66 or 0.00127350 BTC.
• UNUS SED LEO (LEO) traded down 0.4% against the dollar and now trades at $5.86 or 0.00009249 BTC.
• Ethereum Classic (ETC) traded 1.8% higher against the dollar and now trades at $26.03 or 0.00041103 BTC.
• Monero (XMR) traded 2.3% lower against the dollar and now trades at $117.09 or 0.00184860 BTC.
• Arweave (AR) traded up 1.7% against the dollar and now trades at $25.19 or 0.00039763 BTC.
• Bitcoin SV (BSV) traded 1.3% higher against the dollar and now trades at $66.80 or 0.00105462 BTC.
• eCash (XEC) traded up 2.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Siacoin

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 57,013,635,000 coins and its circulating supply is 56,987,753,307 coins. Siacoin’s official Twitter account is @sia__foundation and its Facebook page is accessible here. Siacoin’s official website is sia.tech. 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 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Siacoin using one of the exchanges listed above.

SC/USD price chart by TradingView