Siacoin
SC

$ 0.002576
0.00000027 BTC
Marketcap
$ 106,831,240
Volume (24h)
$ 2,863,715
Circulating Supply
41,487,630,980 SC
Total Supply
0 SC

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* Currency in USD
Historical Price for Siacoin
DateOpenCloseHighLowVolume
Siacoin Markets
#SourcePairVolumePriceChangeUpdated

WHAT IS Siacoin?

Sia is a decentralized storage platform secured by blockchain technology. The Sia Storage Platform leverages underutilized hard drive capacity around the world to create a data storage marketplace that is more reliable and lower cost than traditional cloud storage providers. Sia uses a new cryptocurrency, called the siacoin. The most important features of Sia can only be accessed by using siacoins. All storage contracts and all Sia payment channels require owning siacoins. This requirement means that as Sia grows in usage, so too will demand for siacoins. As demand grows, the price will increase. If Sia is being used for billions of dollars of storage, billions of dollars of siacoins will be required. The value of the siacoin is inextricably tied to the amount of storage in use on the Sia network.

Siacoin Rank#61
Volume per 24 hours7.67%
Coin price in BitcoinɃ 0.00000027
Changes in 24 hours7.67% / decreased
Changes in 1 hour3.79%
Changes in 7 days21.89%
Volume per 24 hours$ 2,863,715
Circulating supply41,487,630,980 SC
Max supply0 SC

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