Siacoin Price Prediction 2023 – 2031

Let’s be honest: blockchain technology is consistently, step by step, making its way from the crypto world into our everyday lives. And while many digital currency projects on the crypto market are focused on the exchange of digital assets, there are some that chose to use blockchain originally. Today we’ll talk about Sia, a decentralized data storage network that offers its users an unprecedented level of data security, and Siacoin, an altcoin created for the needs of the Sia network. You will learn all about the project offering the safest, fastest, and, most importantly, inexpensive information storage. And, of course, we’ll discuss the future of Siacoin and SC price.

Siacoin (SC) Overview

Siacoin Statistics Siacoin Price $0.0065 Siacoin Price Change 24h 5.14% Siacoin Price Change 7d 9.79% Siacoin Market cap $178,730,386.91 Siacoin Circulating Supply 55,437,066,249 SC Siacoin Trading Volume $8,759,507.65 Siacoin All time high $0.11 Siacoin All time low $0.000011 Siacoin Price Prediction 7d $0.006139 +4.49 Siacoin Fear-Greed Index 73 Greed Siacoin Sentiment Bullish Siacoin Volatility 11.44% Siacoin Green Days 19/30 (63%) Siacoin 50-Day SMA $0.004021 Siacoin 200-Day SMA $0.003360 Siacoin 14-Day RSI 71.20 Show more Show less

• Our real-time SC to USD price update shows the current Siacoin price as $0.0065 USD.
• According to our Siacoin price prediction, SC price is expected to have a 0.34% decrease and drop as low as by December 05, 2023.
• Our technical indicators signal about the Bullish Bullish 88% market sentiment on Siacoin, while the Fear & Greed Index is displaying a score of 73 (Greed).
• Over the last 30 days, Siacoin has had 19/30 (63%) green days and 11.44% price volatility.

Siacoin (SC) Technical Overview

When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.

Siacoin Profit Calculator

Siacoin (SC) Price Prediction For Today, Tomorrow and Next 30 Days

Date	Price	Change
December 04, 2023	$0.005793	-1.4%
December 05, 2023	$0.005839	-0.61%
December 06, 2023	$0.005895	0.34%
December 07, 2023	$0.005975	1.7%
December 08, 2023	$0.006139	4.49%
December 09, 2023	$0.006147	4.63%
December 10, 2023	$0.006089	3.64%
December 11, 2023	$0.006013	2.35%
December 12, 2023	$0.005958	1.41%
December 13, 2023	$0.005908	0.56%
December 14, 2023	$0.005870	-0.09%
December 15, 2023	$0.006050	2.98%
December 16, 2023	$0.006142	4.54%
December 17, 2023	$0.006178	5.16%
December 18, 2023	$0.006208	5.67%
December 19, 2023	$0.006154	4.75%
December 20, 2023	$0.006092	3.69%
December 21, 2023	$0.006064	3.22%
December 22, 2023	$0.005863	-0.2%
December 23, 2023	$0.005787	-1.5%
December 24, 2023	$0.005846	-0.49%
December 25, 2023	$0.005818	-0.97%
December 26, 2023	$0.005762	-1.92%
December 27, 2023	$0.005721	-2.62%
December 28, 2023	$0.005787	-1.5%
December 29, 2023	$0.005714	-2.74%
December 30, 2023	$0.005664	-3.59%
December 31, 2023	$0.005706	-2.88%
January 01, 2024	$0.005810	-1.11%
January 02, 2024	$0.005837	-0.65%

Siacoin Prediction Table

Siacoin Historical

According to the latest data gathered, the current price of Siacoin is $$0.01, and SC is presently ranked No. 122 in the entire crypto ecosystem. The circulation supply of Siacoin is $359,619,046.44, with a market cap of 55,739,739,987 SC.

In the past 24 hours, the crypto has increased by $0.0008 in its current value.

For the last 7 days, SC has been in a good upward trend, thus increasing by 42.95%. Siacoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.

During the last month, the price of SC has increased by 73.1%, adding a colossal average amount of $0.0047 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.

Siacoin Price Prediction 2023

According to the technical analysis of Siacoin prices expected in 2023, the minimum cost of Siacoin will be $$0.00566. The maximum level that the SC price can reach is $$0.00594. The average trading price is expected around $$0.00621.

SC Price Forecast for December 2023

Based on the price fluctuations of Siacoin at the beginning of 2023, crypto experts expect the average SC rate of $$0.00594 in December 2023. Its minimum and maximum prices can be expected at $$0.00566 and at $$0.00621, respectively.

Siacoin Price Prediction 2024

After the analysis of the prices of Siacoin in previous years, it is assumed that in 2024, the minimum price of Siacoin will be around $$0.00260. The maximum expected SC price may be around $$0.00450. On average, the trading price might be $$0.00639 in 2024.

Month	Minimum Price	Average Price	Maximum Price
January 2024	$0.00541	$0.00623	$0.00582
February 2024	$0.00515	$0.00624	$0.00570
March 2024	$0.00490	$0.00626	$0.00558
April 2024	$0.00464	$0.00627	$0.00546
May 2024	$0.00439	$0.00629	$0.00534
June 2024	$0.00413	$0.00630	$0.00522
July 2024	$0.00388	$0.00632	$0.00510
August 2024	$0.00362	$0.00633	$0.00498
September 2024	$0.00337	$0.00635	$0.00486
October 2024	$0.00311	$0.00636	$0.00474
November 2024	$0.00286	$0.00638	$0.00462
December 2024	$0.00260	$0.00639	$0.00450

Siacoin Price Prediction 2025

Based on the technical analysis by cryptocurrency experts regarding the prices of Siacoin, in 2025, SC is expected to have the following minimum and maximum prices: about $$0.0121 and $$0.0142, respectively. The average expected trading cost is $$0.0126.

Month	Minimum Price	Average Price	Maximum Price
January 2025	$0.00339	$0.00691	$0.00531
February 2025	$0.00418	$0.00743	$0.00612
March 2025	$0.00498	$0.00794	$0.00693
April 2025	$0.00577	$0.00846	$0.00773
May 2025	$0.00656	$0.00898	$0.00854
June 2025	$0.00735	$0.00950	$0.00935
July 2025	$0.00814	$0.0100	$0.0102
August 2025	$0.00893	$0.0105	$0.0110
September 2025	$0.00973	$0.0110	$0.0118
October 2025	$0.0105	$0.0116	$0.0126
November 2025	$0.0113	$0.0121	$0.0134
December 2025	$0.0121	$0.0126	$0.0142

Siacoin Price Prediction 2026

The experts in the field of cryptocurrency have analyzed the prices of Siacoin and their fluctuations during the previous years. It is assumed that in 2026, the minimum SC price might drop to $$0.0185, while its maximum can reach $$0.0211. On average, the trading cost will be around $$0.0190.

Month	Minimum Price	Average Price	Maximum Price
January 2026	$0.0126	$0.0131	$0.0148
February 2026	$0.0132	$0.0137	$0.0154
March 2026	$0.0137	$0.0142	$0.0159
April 2026	$0.0142	$0.0147	$0.0165
May 2026	$0.0148	$0.0153	$0.0171
June 2026	$0.0153	$0.0158	$0.0177
July 2026	$0.0158	$0.0163	$0.0182
August 2026	$0.0164	$0.0169	$0.0188
September 2026	$0.0169	$0.0174	$0.0194
October 2026	$0.0174	$0.0179	$0.0200
November 2026	$0.0180	$0.0185	$0.0205
December 2026	$0.0185	$0.0190	$0.0211

Siacoin Price Prediction 2027

Based on the analysis of the costs of Siacoin by crypto experts, the following maximum and minimum SC prices are expected in 2027: $$0.0322 and $$0.0279. On average, it will be traded at $$0.0287.

Month	Minimum Price	Average Price	Maximum Price
January 2027	$0.0193	$0.0198	$0.0220
February 2027	$0.0201	$0.0206	$0.0230
March 2027	$0.0209	$0.0214	$0.0239
April 2027	$0.0216	$0.0222	$0.0248
May 2027	$0.0224	$0.0230	$0.0257
June 2027	$0.0232	$0.0239	$0.0267
July 2027	$0.0240	$0.0247	$0.0276
August 2027	$0.0248	$0.0255	$0.0285
September 2027	$0.0256	$0.0263	$0.0294
October 2027	$0.0263	$0.0271	$0.0304
November 2027	$0.0271	$0.0279	$0.0313
December 2027	$0.0279	$0.0287	$0.0322

Siacoin Price Prediction 2028

Crypto experts are constantly analyzing the fluctuations of Siacoin. Based on their predictions, the estimated average SC price will be around $$0.0405. It might drop to a minimum of $$0.0390, but it still might reach $$0.0475 throughout 2028.

Month	Minimum Price	Average Price	Maximum Price
January 2028	$0.0288	$0.0297	$0.0335
February 2028	$0.0298	$0.0307	$0.0348
March 2028	$0.0307	$0.0317	$0.0360
April 2028	$0.0316	$0.0326	$0.0373
May 2028	$0.0325	$0.0336	$0.0386
June 2028	$0.0335	$0.0346	$0.0399
July 2028	$0.0344	$0.0356	$0.0411
August 2028	$0.0353	$0.0366	$0.0424
September 2028	$0.0362	$0.0376	$0.0437
October 2028	$0.0372	$0.0385	$0.0450
November 2028	$0.0381	$0.0395	$0.0462
December 2028	$0.0390	$0.0405	$0.0475

Siacoin Price Prediction 2029

Every year, cryptocurrency experts prepare forecasts for the price of Siacoin. It is estimated that SC will be traded between $$0.0555 and $$0.0688 in 2029. Its average cost is expected at around $$0.0571 during the year.

Month	Minimum Price	Average Price	Maximum Price
January 2029	$0.0404	$0.0419	$0.0493
February 2029	$0.0418	$0.0433	$0.0511
March 2029	$0.0431	$0.0447	$0.0528
April 2029	$0.0445	$0.0460	$0.0546
May 2029	$0.0459	$0.0474	$0.0564
June 2029	$0.0473	$0.0488	$0.0582
July 2029	$0.0486	$0.0502	$0.0599
August 2029	$0.0500	$0.0516	$0.0617
September 2029	$0.0514	$0.0530	$0.0635
October 2029	$0.0528	$0.0543	$0.0653
November 2029	$0.0541	$0.0557	$0.0670
December 2029	$0.0555	$0.0571	$0.0688

Siacoin Price Prediction 2030

Cryptocurrency analysts are ready to announce their estimations of the Siacoin’s price. The year 2030 will be determined by the maximum SC price of $$0.0955. However, its rate might drop to around $$0.0793. So, the expected average trading price is $$0.0822.

Month	Minimum Price	Average Price	Maximum Price
January 2030	$0.0575	$0.0592	$0.0710
February 2030	$0.0595	$0.0613	$0.0733
March 2030	$0.0615	$0.0634	$0.0755
April 2030	$0.0634	$0.0655	$0.0777
May 2030	$0.0654	$0.0676	$0.0799
June 2030	$0.0674	$0.0697	$0.0822
July 2030	$0.0694	$0.0717	$0.0844
August 2030	$0.0714	$0.0738	$0.0866
September 2030	$0.0734	$0.0759	$0.0888
October 2030	$0.0753	$0.0780	$0.0911
November 2030	$0.0773	$0.0801	$0.0933
December 2030	$0.0793	$0.0822	$0.0955

Siacoin Price Prediction 2031

After years of analysis of the Siacoin price, crypto experts are ready to provide their SC cost estimation for 2031. It will be traded for at least $$0.1142, with the possible maximum peaks at $$0.1389. Therefore, on average, you can expect the SC price to be around $$0.1183 in 2031.

Month	Minimum Price	Average Price	Maximum Price
January 2031	$0.0822	$0.0852	$0.0991
February 2031	$0.0851	$0.0882	$0.103
March 2031	$0.0880	$0.0912	$0.106
April 2031	$0.0909	$0.0942	$0.110
May 2031	$0.0938	$0.0972	$0.114
June 2031	$0.0968	$0.100	$0.117
July 2031	$0.0997	$0.103	$0.121
August 2031	$0.103	$0.106	$0.124
September 2031	$0.105	$0.109	$0.128
October 2031	$0.108	$0.112	$0.132
November 2031	$0.111	$0.115	$0.135
December 2031	$0.114	$0.118	$0.139

Siacoin Price Prediction 2032

Cryptocurrency analysts are ready to announce their estimations of the Siacoin’s price. The year 2032 will be determined by the maximum SC price of $$0.2029. However, its rate might drop to around $$0.1671. So, the expected average trading price is $$0.1718.

Month	Minimum Price	Average Price	Maximum Price
January 2032	$0.119	$0.123	$0.144
February 2032	$0.123	$0.127	$0.150
March 2032	$0.127	$0.132	$0.155
April 2032	$0.132	$0.136	$0.160
May 2032	$0.136	$0.141	$0.166
June 2032	$0.141	$0.145	$0.171
July 2032	$0.145	$0.150	$0.176
August 2032	$0.149	$0.154	$0.182
September 2032	$0.154	$0.158	$0.187
October 2032	$0.158	$0.163	$0.192
November 2032	$0.163	$0.167	$0.198
December 2032	$0.167	$0.172	$0.203

What Actually Is Siacoin (SC) and How Does It Work?

Sia, a decentralized cloud storage platform running on blockchain technology, lets you store your files using free hard drive space anywhere in the world. Siacoin (SC) is a digital currency created for this project. This altcoin is designed to pay for cloud storage services. Anyone who has a certain amount of SC can rent spare hard drive space from Sia hosts. This can be done with the help of “file contracts,” a special type of smart contract stored in the Sia blockchain. Smart contracts are unique technical alterations that allow using blockchain efficiently to store files. So, at the end of the required period, the host must prove the existence of the file, and if the outcome is positive, they receive a reward. However, if the host loses the file, they do not receive the payment.

The system has support for payment channels and bilateral contracts. This fact is crucial because it ensures the elimination of unreliable money transfers without confirmation of compliance with the contract. Also, all money transfers are instant and non-refundable, which reduces the risk of fraud, not only for those who rent the space but also for those who rent it out.

All files sent from renter to host are encrypted, and Siacoin’s reliability stands out thanks to the process of dividing the file into a huge number of fragments. Some of them cannot be used to recreate the original file at all, which excludes the possibility of it being read by a third party. Not only files are encrypted, but even their fragments, allowing the service to ensure the anonymity and confidentiality of data.

Due to the distributed nature of the Sia network, it becomes possible to optimize the bandwidth of this network, its security, and reliability and reduce response times. In addition, any user can rent out their storage space, and the reduced cost of information storage reflects that. What makes Sia very attractive for ordinary users is a very low entry threshold: anyone who can provide a place to store data can receive a reward. We’ll talk about many other advantages of Sia a little later.

Brief History of Siacoin (SC)

Siacoin’s story began in September 2013 when two undergraduate computer science students, David Vorick and Luke Champine, came up with the idea of a blockchain-powered data storage system. Vorick described the project as “the infrastructure that nobody, including ourselves, has the control over something with no failure points, where there is no place of leverage and no company, country, jurisdiction, a person who can decide that they don’t like you or they have ulterior motives.” 

In May 2014, Vorick and Champine created Nebulous Inc. Among others, FirstRaptor Group, Raptor Group, INBlockchain, Fenbushi Capital, and First Star Venture were the company’s top investors. Sia was officially launched in June 2015. By September 2016, Sia’s total venture capital went up to $1.25 million.

Siacoin Mining: How to Mine Siacoin (SC)?

The very first 100 Sia blocks were mined directly by the project creators. The reward for the first block was 300,000 SC. For each subsequent block, the reward is reduced by 1 Siacoin. There is also a minimum possible reward per block — 30,000 SC.

GPU (Graphics Processing Units) mining of Siacoin is the most popular way to mine this digital currency. SC mining works on the Blake2b e-currency algorithm using the PoW system. The reward is reduced after each mined block and will continue to do so until it reaches the set minimum possible size. After that happens, the reward remains fixed: once the block reward reaches 30,000 coins, it stays there forever.

In June 2018, the company launched Obelisk, its own ASIC mining for Siacoin, which is 100 times more powerful than mining with a GPU.

There are also other possible ways for users to get Siacoin apart from mining:

• By renting your spare hard drive space. Having a PC or a server connected to the Internet and working 365 days a year, you can become a host and get remuneration in SC;
• By buying coins. As of today, digital currency Siacoin is traded on such popular cryptocurrencies as Binance, Upbit, Poloniex, Bittrex, QBTC, Bitbns, Bisq, etc.

Siacoin: Strengths and Weaknesses

Now, let’s take a look at the pros and cons of the Sia cloud storage network. Being a revolutionary product, it has a whole bunch of advantages:

• High level of confidentiality. A user has the ability to fully manage their own encryption keys. No third parties, who could get access to the personal data, are involved;
• Encryption. Segments are sent to the hosts in encrypted (by the Twofish algorithm) form. This makes Sia much more secure than other popular cloud storage services — for example, Amazon does not offer automatic encryption of user data;
• Decentralization and a high degree of reliability. Files are segmented into 30 (!) segments before being downloaded and then sent to thirty hosts. Sia can recover files from 10 segments of anything. Thus, if 20 of the 30 hosts are offline, the user can still smoothly access their own files. If some hosts have been offline for a long time, the segments will be transferred by Sia to other online hosts so that the number reaches 30 again;
• Open source. Sia has publicly available source code, which is constantly improved through the actions of leading developers as well as the entire community;
• The low cost of storing information. For example, you only need to pay $2 per month to store 1,000 GB of information. Compared to all possible competitors (Google Drive, DropBox, Microsoft, Amazon, etc.), this is the best combination of quality and price.

And now, talking about the cons, it’s necessary to mention:

• The specifics of SC mining: since Siacoin can be mined only with graphics cards, mining this cryptocurrency on specially created mining farms or with the help of processors’ computing power becomes impossible;
• A threat of counteraction from competitors — large corporations;
• Concerns and hesitations: the target audience still treats the possibility of decentralized data storage with a large share of mistrust.

Nevertheless, it’s worth noting that the listed disadvantages are not so much related to technical difficulties but rather to users’ mistrust and their moral unreadiness to actively use and distribute the tools offered by this service. And, who knows, maybe only time will help solve those problems. 

According to the latest data gathered, the current price of Siacoin is $$0.01, and SC is presently ranked No. 122 in the entire crypto ecosystem. The circulation supply of Siacoin is $359,619,046.44, with a market cap of 55,739,739,987 SC.

In the past 24 hours, the crypto has increased by $0.0008 in its current value.

For the last 7 days, SC has been in a good upward trend, thus increasing by 42.95%. Siacoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.

During the last month, the price of SC has increased by 73.1%, adding a colossal average amount of $0.0047 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.

Year	Minimum Price	Average Price	Maximum Price
2023	$0.00539946	$0.0059994	$0.00609939
2024	$0.00839916	$0.00869913	$0.01009899
2025	$0.01209879	$0.01259874	$0.01419858
2026	$0.01849815	$0.0189981	$0.02109789
2027	$0.02789721	$0.02869713	$0.03219678
2028	$0.0389961	$0.04049595	$0.04749525
2029	$0.05549445	$0.05709429	$0.06879312
2030	$0.07929207	$0.08219178	$0.09549045
2031	$0.11418858	$0.11828817	$0.13888611
2032	$0.16708329	$0.17178282	$0.20287971

What We Might Miss: Frequently Asked Questions, Siacoin Price Analysis, and SC Value Prediction

Siacoin price now 

As of now, Siacoin (SC) price is $0.01 with Siacoin market capitalization of $329,796,122.49.

Is Siacoin a good investment?

The forecast for Siacoin price is quite positive. It is expected that SC price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.

Can Siacoin rise? 

It seems that the average price of Siacoin might reach $0.0059994 in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $0.02869713. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.

How much will Siacoin be worth 2023?

SC minimum and maximum prices might hit $0.00539946 and $0.00609939 accordingly.

How much will Siacoin be worth 2025?

Siacoin network is developing rapidly. SC price forecast for 2025 is rather positive. The SC average price is expected to reach minimum and maximum prices of $0.01209879 and $0.01419858 respectively.

How much will Siacoin be worth 2030?

SC is provided with suitable environment to reach new heights in terms of price. SC price prediction is quite positive. Business analysts predict that SC might reach the maximum price of $0.09549045 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is $0.08219178

Does Siacoin have a future?

The public’s interest in the secure cloud storage of confidential information is growing year by year. So, being a breakthrough project, unique in its kind, Sia has every chance to take its place among large corporations, which may increase this digital coin’s price. 

Is Siacoin (SC) a good investment?

This altcoin may be considered a good investment option. Many analysts called SC a great long-term investment — for example, WalletInvestor’s Siacoin price prediction for the next five years is positive, with the expected maximum price of $0.02. Investors’ consensus about SC is positive too. As we can assume for now, SC has a bright future. Being the first big blockchain project to offer a decentralized data storage platform, it has all the chances to grow even bigger than it is now. But do not forget about the golden investment advice — only invest what you can afford to lose.

Is Siacoin safe?

It is safe both for users and investors. Users love it for its convenience and reliability, and crypto investors like the stability of the SC average price.

Can Siacoin’s price reach $1?

Yes, it can, although nobody really knows when it will happen. Its price depends on many factors, both external and internal, so, for example, the SC price may go high in one minute if they get a big company using their technology. Also, as history shows, this coin is very sensitive to crypto market trends.

What was the maximum price of the SC token on the crypto market?

Siacoin reached its all-time high point in winter 2018 with the maximum price of $0.087793.

Is Siacoin worth mining?

The reward for mining a block of SC is 300,000 SC, and as we mentioned earlier, it won’t go lower than that. So the answer is yes, it is.

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Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.