Siacoin (SC) is the native token of the Sia decentralized cloud storage network, used to pay hosts for storage space and secure contracts on the platform.
SC currently trades around ≈$0.0012 USD (~৳0.18–৳0.21 BDT) with a market cap near ~$68 M USD, making it a small-cap altcoin with modest liquidity.
The price is far below its all-time high (~$0.1117 in 2018), reflecting long-term correction and low volatility compared to major tokens.
Recent market conditions show risk-off rotation out of altcoins, with SC underperforming amid broader crypto sell-offs.
Technically, SC looks oversold near key support levels, which could invite short-term bounces if market sentiment improves.
Overall, SC remains a high-risk, niche infrastructure token tied to decentralized storage demand and broader crypto market cycles.
$SC #SCcoin #sc