Siacoin (SC) Tops One Day Volume of $2.87 Million

Siacoin (SC) traded 0.4% lower against the U.S. dollar during the 1 day period ending at 10:00 AM Eastern on September 13th. Over the last seven days, Siacoin has traded 3.7% higher against the U.S. dollar. Siacoin has a total market cap of $247.03 million and approximately $2.87 million worth of Siacoin was traded on exchanges in the last day. One Siacoin coin can currently be purchased for approximately $0.0043 or 0.00000007 BTC on exchanges.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 0.4% higher against the dollar and now trades at $58,277.82 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 4.5% against the dollar and now trades at $0.11 or 0.00000184 BTC.
• Bitcoin Cash (BCH) traded 1.3% lower against the dollar and now trades at $331.00 or 0.00568405 BTC.
• UNUS SED LEO (LEO) traded 0.7% higher against the dollar and now trades at $5.80 or 0.00009960 BTC.
• Litecoin (LTC) traded up 2.6% against the dollar and now trades at $63.89 or 0.00109705 BTC.
• Monero (XMR) traded up 0% against the dollar and now trades at $170.50 or 0.00292791 BTC.
• Ethereum Classic (ETC) traded down 0.8% against the dollar and now trades at $18.38 or 0.00031556 BTC.
• Arweave (AR) traded up 0.7% against the dollar and now trades at $19.81 or 0.00034012 BTC.
• Bitcoin SV (BSV) traded down 2.3% against the dollar and now trades at $47.49 or 0.00081556 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Siacoin Coin Profile

Siacoin (CRYPTO:SC) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It launched on 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 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. Siacoin’s official website 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 purchase alternative cryptocurrencies such as Siacoin directly using U.S. dollars. Investors seeking to trade Siacoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Siacoin using one of the aforementioned exchanges.

SC/USD price chart by TradingView