Siacoin ( SC ) is the native utility token of Sia , a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space.
According to its whitepaper, the long-term goal of Sia is to compete with existing storage solutions. It sees itself as being in direct competition with major cloud storage providers such as Amazon, Google and Microsoft . Because of its decentralized nature, Sia is able to offer competitive storage rates.
Latest news: 13 Jan 2021: Release of v1.5.4 marks an important chapter in Sia’s history - incorporating the Sia Foundation hardfork. Sia Foundation is a non-profit charged with developing & growing the Sia network.
Perfect entry zone is 11-13 with targets on chart. Good luck with this sleeping giant!
For details comment at any time!
Don't forget to follow and like if you find this helpful!