Siacoin Price Prediction

An up-to-date Siacoin price prediction for 2022, 2023, 2024, 2025, 2030. Wondering what is the future of SC price? Find out Siacoin price forecast with historical, fundamental and technical analysis.
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Siacoin Fundamental Analysis

Project name
Siacoin
Stock Symbol
SC
Current Price
0.005179
Current Supply
50967592992
Launch Date
2015
Official Website

Siacoin belongs to a platform specializing in encrypted cloud storage. Anyone in the world can rent space on the network from his peers, as well as provide a place for storage. Siacoin cryptocurrency is a utility token since it is required to pay for any services within the network. Users who provide space for files on their devices receive payment in the form of Siacoin and renters use SC to access the network. Siacoin can also be mined which works according to the Proof-Of-Work system on the Blake2b cryptocurrency algorithm. The platform also has a wallet called Sia UI, which is available for Windows, macOS, and Linux. You can also buy Siacoin cryptocurrency on almost any of the top exchanges. Sia is committed to creating a post-cloud world of cloud storage where there are no third parties, and make it more robust and more affordable than traditional forms of data storage. Without the need for a central bank of servers to store data, Sia can absolutely revolutionize the cloud storage industry by using blockchain technology to provide peer-to-peer file storage. It offers a fast, safe and cheap way to store data and takes into account the interests of both parties while benefiting them as well. The network has 367 storage providers and the coin is traded among the top-100 cryptocurrencies. Siacoin is cheap to buy and has quite profitable mining with ASICs. The Siacoin team works tirelessly on the project and its coin, as evidenced by the monthly reports published on the official website. Siacoin also has investors committed to sponsoring the project. 

Siacoin Live Price Chart

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Siacoin Technical Analysis

Despite the fact that 100% accurate technical analysis for Siacoin cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated SC buy-and-sell rating for selected timeframe. The summary for SC/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Siacoin Price Prediction

Below we have collected the most reliable price projections for Siacoin (SC) from popular forecast platforms.

Siacoin Price Prediction for 2022

As of the end of 2022, Siacoin price predictions remain predominantly positive, with some analytics promising the price at about $0.006, while WalletInvestor even cites the possibility of the price reaching $0.0143 by the end of the year.
Potential ROI: 76% Buy

Siacoin Price Prediction for 2023

According to WalletInvestor, in 2023 Siacoin investors should expect price growth to $0.0211, which seems a good reason to consider Siacoin as an investment option. PricePrediction.net, in turn, predicts the price increasing to $0.008, and TradingBeast agrees with a predicted growth to $0.008163.
Potential ROI: 140% Buy

Siacoin Price Prediction for 2024

The experts are unanimous in their Siacoin price forecasts for 2024 — everybody expects Siacoin’s price to grow by the end of that year. TradingBeast predicts the price growth reaching $0.010741. According to WalletInvestor’s research, Siacoin’s price can go up to $0.0281. PricePrediction.net’s forecast is also positive: its analysts hold the view that by 2024 Siacoin’s price will be about $0.013.
Potential ROI: 234% Buy

Siacoin Price Prediction for 2025

Both TradingBeast and WalletInvestor predict the Siacoin market to grow in 2025, resulting in $0.012493 and $0.0385 by the end of the year respectively. Other Siacoin price forecasts support the idea: PricePrediction.net forecasts Siacoin to reach $0.018 by December 2025.
Potential ROI: 344% Buy

Siacoin Price Prediction for 2030

Most experts are expecting an encouraging future for Siacoin: long-term Siacoin price predictions promise significant growth by 2030. TradingBeast predicts the price to reach $0.022237, while WalletInvestor goes for $0.058905. PricePrediction.net also puts big hopes on Siacoin in the long term: its Siacoin prediction for 2030 is $0.12.
Potential ROI: 1195% Buy
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Summary

As it can be clear from the analysis cited above, Siacoin (SC) projections are rather contradictory. There is no universal consensus either about positive or negative future SC price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Siacoin projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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