Siacoin Price Reaches $0.0076 (SC)

Siacoin (SC) traded 2.7% lower against the dollar during the 24 hour period ending at 15:00 PM ET on April 24th. During the last week, Siacoin has traded 11.3% higher against the dollar. One Siacoin coin can currently be bought for approximately $0.0076 or 0.00000012 BTC on major exchanges. Siacoin has a total market cap of $433.85 million and $12.36 million worth of Siacoin was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 3.3% lower against the dollar and now trades at $64,328.97 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 4.3% against the dollar and now trades at $0.15 or 0.00000240 BTC.
• Bitcoin Cash (BCH) traded 4.4% lower against the dollar and now trades at $484.02 or 0.00752416 BTC.
• Litecoin (LTC) traded up 0% against the dollar and now trades at $84.93 or 0.00132029 BTC.
• UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $5.77 or 0.00008965 BTC.
• Ethereum Classic (ETC) traded down 4.3% against the dollar and now trades at $26.90 or 0.00041811 BTC.
• Monero (XMR) traded 2.6% lower against the dollar and now trades at $119.65 or 0.00185992 BTC.
• Arweave (AR) traded down 0.9% against the dollar and now trades at $33.47 or 0.00052035 BTC.
• Bitcoin SV (BSV) traded down 3.7% against the dollar and now trades at $69.03 or 0.00107301 BTC.
• eCash (XEC) traded down 4.7% 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 57,038,565,000 coins and its circulating supply is 57,011,479,497 coins. The official website for Siacoin is sia.tech. The Reddit community for Siacoin is https://reddit.com/r/siacoin and the currency’s Github account can be viewed here. Siacoin’s official Twitter account is @sia__foundation and its Facebook page is accessible 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 possible to buy alternative cryptocurrencies such as Siacoin directly using U.S. dollars. Investors seeking to acquire Siacoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Siacoin using one of the exchanges listed above.

SC/USD price chart by TradingView