It’s true that Siacoin was a great disappointment for investors in 2019. SC price went down from $0.002689 on January 1st 2019 to $0.001362 on December 31 2019. However, it is worth monitoring our Siacoin price prediction algorithm: Siacoin might still have investment potential if not short term in 2020, then long-term. If you look for good return in 3 to 5 years, SC might be the coin to watch closely now.
The current Siacoin price is $0.001555, its circulating supply is 41 817 047 634 SC. Our algorithm predicts that based on historical data Siacoin price will be at $0.001794 in 1 week and $0.002290 in 1 month. Our deep learning algorithm predicts the SC price will be at $0.003859 in 6 months. Analysis of the cryptocurrency market shows that Siacoin price may reach $0.004904 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that SC will stay around $0.004423 in 2020, $0.004904 in 2021, $0.005177 in 2022, $0.005940 in 2023 and $0.006607 in 2024.
While creating the Siacoin prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $0.003859 and lowest possible predicted price is $0.002912.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Siacoin has the potential to stay within "survivors" team. Our Siacoin short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Siacoin Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Siacoin forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Siacoin (SC)?
The current price of Siacoin is $0.001555.
What is the current market capitalization of Siacoin (SC)?
The current market capitalization of Siacoin is $65 012 024.
What will be the price of Siacoin (SC) Tomorrow?
Our algorithm forecasts that the price of Siacoin will reach $0.001686 tomorrow.
In 1 year from now what will 1 Siacoin be worth?
As per the forecast and algorithmic analysis, the the price of 1 Siacoin will be around $0.004423.
Is it profitable to invest in Siacoin (SC)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Siacoin (SC) as a short term investment. Siacoin can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Siacoin be growing in the Future?
Siacoin is potentially one of the most profitable among digital coins.
How high can the Price of Siacoin go?
Our algorithm forecasts that the price of Siacoin will reach $0.006607 by 2023.
Is Siacoin (SC) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Siacoin now.
(Sigh) Long gone are the days of January 2018, when Siacoin was worth $0.087 and all of its holders thought that they are on top of the world. Well, the top of the world turned out to be an edge of the abyss, into which we all had dived and can't find the way out. I have missed the opportunity to sell at the price peak but got rid of most of my SC at the dead cat's bounce.
Siacoin is the next-gen cloud computer. Sia is leagues above Golem and other competitors, but has seen a lot of supression from whales. It'll be interesting to see what SIA has in store for us in the upcoming months. Their 2019 roadmap is loaded with milestones, and i think we're going to see some major partnerships. I'd keep close tabs on SIA so that when they do make these announcements you're not left out of the boat.
Sia Coin is the next wave of decentralized file sharing. Not only does the TA agree that it's incredibly undervalued, but the industry as a whole is shifting towards a more decentralized marketplace for storing your data. Sia Coin offers the best alternative to AWS and its competitors because your files aren't locked in a centralized cloud. Your files are YOUR files. If you think that your files are private or safe on a centralized cloud then you are sadly mistaken.
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