Siacoin Price Down 8.6% This Week (SC)

Siacoin (SC) traded down 0.8% against the U.S. dollar during the one day period ending at 18:00 PM ET on June 15th. Siacoin has a total market cap of $312.67 million and $3.16 million worth of Siacoin was traded on exchanges in the last day. During the last week, Siacoin has traded down 8.6% against the U.S. dollar. One Siacoin coin can now be purchased for approximately $0.0054 or 0.00000008 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

  • Bitcoin (BTC) traded up 0.1% against the dollar and now trades at $66,089.34 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 0.6% higher against the dollar and now trades at $0.14 or 0.00000207 BTC.
  • Bitcoin Cash (BCH) traded 2% higher against the dollar and now trades at $430.00 or 0.00650636 BTC.
  • Litecoin (LTC) traded 1.6% higher against the dollar and now trades at $79.14 or 0.00119752 BTC.
  • UNUS SED LEO (LEO) traded up 3.7% against the dollar and now trades at $5.76 or 0.00008714 BTC.
  • Ethereum Classic (ETC) traded up 1.6% against the dollar and now trades at $25.64 or 0.00038793 BTC.
  • Monero (XMR) traded up 2.5% against the dollar and now trades at $174.54 or 0.00264098 BTC.
  • Arweave (AR) traded down 1% against the dollar and now trades at $28.64 or 0.00043342 BTC.
  • Bitcoin SV (BSV) traded up 0.8% against the dollar and now trades at $49.74 or 0.00075263 BTC.
  • NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Siacoin

Siacoin (CRYPTO:SC) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It was first traded on June 1st, 2015. Siacoin’s total supply is 57,527,205,000 coins and its circulating supply is 57,499,525,079 coins. 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. The official website for Siacoin is sia.tech.

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 buy alternative cryptocurrencies such as Siacoin directly using US dollars. Investors seeking to acquire Siacoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Siacoin using one of the aforementioned exchanges.

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