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Siacoin (SC) Price Down 3.1% This Week

Financial News Live ·  Apr 28, 2023 08:44

Siacoin (SC) traded up 2.1% against the dollar during the twenty-four hour period ending at 8:00 AM ET on April 28th. During the last seven days, Siacoin has traded down 3.1% against the dollar. Siacoin has a total market capitalization of $213.60 million and approximately $4.99 million worth of Siacoin was traded on exchanges in the last day. One Siacoin coin can currently be purchased for about $0.0040 or 0.00000014 BTC on exchanges.

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

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  • Bitcoin (BTC) traded up 0.8% against the dollar and now trades at $29,279.33 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 0.4% higher against the dollar and now trades at $0.0801 or 0.00000274 BTC.
  • Litecoin (LTC) traded 0.9% higher against the dollar and now trades at $89.32 or 0.00305065 BTC.
  • UNUS SED LEO (LEO) traded up 0.5% against the dollar and now trades at $3.50 or 0.00011964 BTC.
  • Monero (XMR) traded down 1.8% against the dollar and now trades at $153.93 or 0.00525724 BTC.
  • Ethereum Classic (ETC) traded 0.6% higher against the dollar and now trades at $19.68 or 0.00067205 BTC.
  • Bitcoin Cash (BCH) traded up 0.1% against the dollar and now trades at $117.62 or 0.00401730 BTC.
  • DEI (DEI) traded 0.6% lower against the dollar and now trades at $0.21 or 0.00000723 BTC.
  • Pax Dollar (USDP) traded down 0.5% against the dollar and now trades at $1.00 or 0.00003399 BTC.
  • Conflux (CFX) traded 2.8% higher against the dollar and now trades at $0.33 or 0.00001116 BTC.

About Siacoin

Siacoin (SC) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its launch date was June 1st, 2015. Siacoin's total supply is 53,896,822,991 coins. The Reddit community for Siacoin is and the currency's Github account can be viewed here. Siacoin's official Twitter account is @skynetlabs and its Facebook page is accessible here. The official website for Siacoin is sia.tech.

According to CryptoCompare, "Sia is a decentralized storage platform where users contribute disk storage from their computers to create a decentralized network. Users can rent storage from hosts on Sia using siacoins, and smart storage contracts on the Sia blockchain ensure payment to the host only after keeping the file for a specific amount of time. The distributed nature of the Sia network offers benefits in latency, throughput, reliability, and security, and anyone with storage can get paid, reducing the overall price of cloud storage. The Sia cryptocurrency is live, and the platform is still in beta, supporting uploads that are 500mb or less in size."

Buying and Selling Siacoin

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 GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Siacoin using one of the aforementioned exchanges.

SC/USD price chart by TradingView

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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