Siacoin (SC) price prediction for 2030
The crypto currency market is, however, very volatile. Within this market, the price of crypto currency increases and decreases a lot within a day. In this market, two types of coins come between the price fluctuations. First of all, those coins which create panic as soon as they come in the market in their initial time. Their price reaches thousands of rupees as soon as they come in the market and later the faster these coins go up, the faster their price comes down. For example we can take ICP Coin. This coin had increased a lot as soon as it came in the market and after some time the price of this coin went down too. But still its potential is very high.
Now talking about other types of coins, then this coin does not give much profit in its initial time and neither does their price increase very much. But after 4-5 years of the launch of the coin, its value increases manifold and such coins give a lot of profit to those who hold these coins for a long time. In today’s article, we are going to talk about one such coin. In this article we will talk about Siacoin (SC). If you want to get complete information about this coin, then definitely read this article completely. So let’s get started.
Siacoin price prediction: Siacoin is up 6% in crypto market today, Siacoin’s current price is Rs 1.42. This crypto has given more than 70% returns to the buyer in the last month. Can Siacoin cross $1 by the end of 2022?
Siacoin has given more than 50X times return to buyer in just 1 year, which means it will invest Rs 1 lakh in the month of January, now you will have more than Rs 50 lakh. This crypto has given huge returns to the buyers.
We all know that most cryptocurrencies went down during crypto market crash, even though Siacoin crypto went down but this crypto is recovering from losses so fast that every buyer is happy to get their money back.
Many crypto experts have predicted that Siacoin may cross $1 by the end of 2022, and also expect this crypto to cross $10 by the end of 2025. Though it may take time but this crypto can give huge returns to the buyers in future.
1. What is Siacoin (SC)?
Siacoin is a decentralized cryptocurrency, which was created for the Sia company. Its short name is SC. Sia is a decentralized storage platform. In which people rent their smartphone or computer storage. Let us understand this in easy language.. As we have empty storage in our gadgets, then here different people rent their hard disk’s empty storage and many people use this storage to keep their personal data safe. Buy it and keep your data in it.
2. What is the use of Siacoin (SC)?
Siacoin is used to purchase storage on the Sia Platform. This coin is created by Sia Company. Sia is a tech company, which uses the storage of people’s gadgets and devices to rent this storage to other needy people. This storage is rented by only those people who have to keep their personal data safe.
Now people must be thinking that our data will not be safe? Because this data will keep in someone else’s device storage. So for your information, let me tell you that you are thinking wrong. The way Sia works is a little different. It divides people’s data into small parts and keeps all those small parts in different storage devices instead of keeping all those small parts in one storage. With this, all your data does not reach one person, but small parts of it are kept with many people in their device, and even then all the data is locked with a key. Because of which no one else can open your data.
Although many big companies like Google, Microsoft etc. also provide solutions to the storage related problems, but there is a difference between Sia and all those companies and that difference is of price. Where big companies charge you 7 to 10 dollars to use their storage. Whereas Sia takes only 1 to 2 dollars.
3. What is the history of Siacoin (SC)?
Although Siacoin (SC) was announced in 2014, but due to some reasons this coin was not launched at that time and then it was announced again in 2015 and on 01 May 2015 the name of Siacoin (SC) Launched from This coin was listed on the https://coinmarketcap.com/ website on 27 August 2015. Its price at the time of listing was negligible.
If we talk about its price, then its price at that time was Rs.002. This coin did not see much growth for the next two years. Its price reached from .002 Rs to .03 Rs on 07 August 2017. After keeping the price of this coin down for so long, suddenly a pump was seen in it and by 22 June 2017 its price reaches 1.2 Rs with its first pump. After a small pump, its price drops again.
At the second pump of Siacoin, its price reaches up to Rs.5 by 06 Jan 2018. This coin touches its alltime high on 06 January 2018 but as we all know that after touching its alltime high all the coins start falling down and the same thing happens with this. After touching its all-time high, the price of this coin drops drastically and its value becomes very low. The last pump in this coin was seen on 18 April 2021, when its price reached Rs 3.5.
4. Who is the father of Siacoin?
The father of Siacoin is David Vorick. This coin is made by him and his college friend Luke Champine has also helped him a lot in making this coin. The idea of making this coin came to David Vorick when he was doing his college degree. David and his friends met with a degree in Polytechnic computer science, and David Vorick thought of creating the coin with Luke Champine. Luke Champine agreed to work with David Vorick after hearing his idea.
5. How much is the supply of Siacoin?
Talking about the supply of Siacoin, its maximum supply has not yet been stated, but its circulating supply is 48 billion Siacoin. You can buy this coin from any good crypto exchange.
6. Price prediction of Siacoin (SC) for 2030
Price prediction of Siacoin (SC) for 2022,2023 and 2030
As of today’s date, the price of Siacoin (SC) is 40 paise. If you invest 1 thousand rupees in this coin, then you will get about 2500 coins. Its average rate of written as per https://www.cointoday.com/ website is year at 3.12 times. That is, by giving the return at this rate, by the end of the first year, it will convert our investment of Rs 1000 into about Rs 3100. By 2024, our investment will become 9 thousand rupees. By the end of 2025, we can get up to 30 thousand rupees. By 2026, we will get 94 thousand, in 2027, 2 lakh 95 thousand, by the end of the sixth year i.e. in 2028 we will get 9 lakh 22 thousand, in 2029 28 lakh and by 2030, the value of our investment will be 89 lakh rupees.
Friends, Siacoin (SC) is currently trading at a very low price and there is a lot of potential for it to rise. Do your research on this coin and you can invest a small amount in it. Thank you !!!!
FAQs On Siacoin
What Will SC be worth in 2030?
According to Siacoin price prediction 2030, the price of SC will reach around $0.21 by mid-year. The Siacoin (SC) price forecast anticipates the price of Siacoin (SC) to exhibit upward price action climbing to the maximum price of $0.29 by December 2030.
What will be the price of Siacoin in 2025?
DigitalCoinPrice suggests the coin will be worth an average of $0.005 in 2022. Its Siacoin price prediction for 2025 is $0.007, while it forecasts an average SC price of $0.01 for 2030.
Does Siacoin has a future?
The coin has only sunk lower over 2022, currently standing at $0.0000000329 on 19 January 2022. According to Coin Gecko, WSG has lost more than 27% in the past 30 days and more than 23% in the past 14 days. WSG has a maximum supply of one quadrillion coins and a current circulating supply of 322 trillion coins.