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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
0.003482
Current Supply
52224982992
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 Siacoin price predictions for the rest of 2022, there are divergent opinions. TradingBeast expects an upturn towards $0.004995, and PricePrediction.net echoes with ~$0.00672 by the year’s end. Other experts, for example, from WalletInvestor, are more pessimistic about Siacoin’s future price, citing numbers downwards of $0.002681 in December.
Potential ROI: 38% Buy

Siacoin Price Prediction for 2023

In their Siacoin price predictions for 2023, PricePrediction.net forecasts the coin’s price to go down to $0.001254 by December. Forecasting Siacoin future, WalletInvestor expects further decrease of its price, too, saying the Siacoin price will reach ~$0.000418 by that time. On the contrary, TradingBeast keeps predicting Siacoin price growth, quoting prices around ~$0.005781 in 2023.
Potential ROI: -29% Sell

Siacoin Price Prediction for 2024

Siacoin price predictions for 2024 are still predominantly positive, with some analysts promising prices in the $0.00686–$0.0073 range (PricePrediction.net, TradingBeast), while WalletInvestor takes a different view and cites the possibility of the price reaching $0.000905 in December 2024.
Potential ROI: 44% Buy

Siacoin Price Prediction for 2025

WalletInvestor has only optimism in store for the 2025 Siacoin price prediction, valuing Siacoin at $0.00679 by the end of 2025. TradingBeast agrees with a positive forecast and predicts, in turn, $0.008622 for the same period. On the other hand, PricePrediction.net’s team is more pessimistic — their Siacoin price prediction for December of this year is just $0.003238.
Potential ROI: 79% Buy

Siacoin Price Prediction for 2030

Speaking of long-term Siacoin price predictions for 2030, experts present two polar opinions. WalletInvestor expresses the view that Siacoin price will grow further and eventually reach $0.00679 by the end of the decade. TradingBeast’s price prediction for Siacoin echoes with the projection of an uptrend to $0.011036. Despite this, PricePrediction.net’s vision remains not so positive, promising a downfall to $0.002228.
Potential ROI: 92% 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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