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SiaCoin Price Prediction: Should You Invest In SC? - Global Coin Report
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SiaCoin Price Prediction: Should You Invest In SC?

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Some SiaCoin price prediction made earlier this year claimed that SC will hit $1 by the year’s end. At this point, this seems very unlikely. However, it is not impossible for such growth to occur at some point in 2019. The coin itself has a lot of potential on its own, as it seems to be rather immune to high rates of volatility.

SiaCoin (SC) is one of a few altcoins that have attracted a lot of attention throughout 2018. This is a project that aims to create a decentralized cloud storage services platform. In fact, many are already calling it the Airbnb of cloud storage.

Simply put, the project allows users to rent the unused hardware space to other users. Those who require additional storage can use this space to store their data on other people’s computers. Of course, all of this is done under heavy encryption that can ensure that the stored files remain safe and private. Only the person who uploaded the files can access them in their entirety, and decrypt them.

While the network has been developing for a while now, it still doesn’t offer numerous different features that users got used to on Google Drive, Dropbox, and similar services. However, the project continues to grow and develop, while at the same time, it continues to gain more and more supporters.

The ability to store files on a cloud service has grown to be of great importance on the modern-day internet. However, when using centralized services such as Google Drive, users can never be completely sure that their information is truly safe. This is why this project is so popular, and why many are hoping to see it achieve its full potential as soon as possible.

SiaCoin price prediction

Considering how much potential this project has, a lot of people are interested in how this will reflect on SC’s price. Many investors are interested in the coin, as well as in this project in general, which is why Siacoin price predictions are in great demand.

At the time of writing, SiaCoin’s price is at $0.006482, and the coin has experienced a drop of 0.11% in the last 24 hours. While this is a very low price at the moment, it is also seen by many as an opportunity to get a lot of SC coins for cheap.

SiaCoin achieved its highest price yet in January when it managed to almost reach $0.10. However, at that point, the coin was still new, and barely known to a small group of investors. Since then, the project received a lot more attention and support, and its community grew exponentially. Unfortunately, most of its development occurred throughout 2018, which was bearish for most of its length, so the coin never got an opportunity to properly grow.

Ever since the price drop in January, SC has only had one large spike in May. Other than that, the coin has been very stable, with only the slightest price shifts.

Other price predictions aim further into the future, making different assumptions for the years 2020, 2023, and alike. However, these predictions are not reliable due to several factors. For example, the entire market needs to be considered, instead of making calculations based on a single coin’s potential. This year has been proof of that, with all coins going up or down together.

Apart from that, the crypto space remains unstable and unregulated, and it cannot be expected that it will follow any schedule. The most realistic predictions see SiaCoin reaching the value of $0.0137 to $0.025 in 2019. In case of a proper bull run, its value might easily surpass these expectations. If not, this is what most experts agree on.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Top 4 Cryptocurrencies to Bet on in 2019

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The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore

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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Can XRP Break Out of the Falling Wedge?

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XRP
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XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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