Siacoin (SC) is a decentralized storage network token that powers payments for cloud storage on the Sia network, aiming to compete with traditional and blockchain storage services.
SC currently trades around ≈$0.0014–$0.0015 USD per coin (~৳0.18 BDT), significantly down from its all‑time high, reflecting long‑term consolidation and low speculative demand.
Recent weekly action shows mild decline, with price under short‑term moving averages and modest volume, indicating persistent bearish pressure.
Technical indicators suggest a neutral to slightly bearish outlook, with occasional rebounds near support levels but limited momentum for breakout gains.
Protocol upgrades (e.g., V2 “Final Cut”) and continued development offer long‑term support, but liquidity setbacks like past exchange delistings weigh on short‑term sentiment.
Traders are watching key support levels closely for signs of stabilization or deeper correction.
SC
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