- Siacoin network to fully back its Filebase & Goobox platforms for file storage
- Siacoin continues to move within the range of $0.050
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Siacoin has made it possible to store & transfer files in seconds. Recently, the company made updates on its file storage platforms, including Filebase and Goobox, which will now operate completely on Siacoin’s network. This led to a price surge post which the coin value has dropped down. Siacoin’s SC started the year 2019 at a price of $0.026, and it has grown over 2X times in the month of May with the introduction of platforms like Goobox. The current market trend portrays a positive picture.
The Sia Weekly Update is live!https://t.co/dwhiDSV2gm pic.twitter.com/X30aPkUaJW
— Skynet Labs (@SkynetLabs) May 21, 2019
Siacoin Price Statistics:
In the last 15 days till May 26, 2019, the price of Siacoin has shown an upward trend of over 27% moving from $0.0029 to $0.0036. In the last 2 days, however, the price of the coin has moved slightly on the lower side to $0.0035. In the past month, the coin value has shown an upward trend and peaked as high as $0.30. As on May 28, 2019, at 09:16:59 UTC, the market cap of Siacoin is noted at $146,489,268. The price of the coin is trading at 0.00000041 BTC & $0.0035. The ROI of the coin is justified at 7,714.17% and the 24 h volume has reached $2,705,888. The circulating supply of the coin is noted at 40,863,971,372 SC.
Siacoin Price Prediction:
As per Siacoin predictions and the latest trends, the price of Siacoin is likely to rise up to $0.060 by the end of 2019 and may go as high as $0.9 USD in the next 2 years.
Conclusion:
Siacoin can prove to be a beneficial bet in the future as the demand for blockchain based file storage system increases, and hence buying the coin when the prices are low is a good option. The long term sustenance of the coin will lead to good returns in the next 5 years.
