Siacoin, traded under the ticker SC, has a fantastic project and even better development team. For those of you who don't know, they are creating a cryptographically secure cloud storage solution using blockchain technology. The team has been holding off on marketing since they want to be 100% ready before they start pumping their product.
They already hold a lot of promise and are extremely undervalued in my opinion, trading at just $0.0073 USD per coin right now. According to their website they can provide a safer solution to cloud storage at just 1/10th of the price currently charged by traditional cloud services. Check them out at http://sia.tech/
Their price has recently fallen much like the rest of the alt-coin markets as they struggle to maintain balance with Bitcoin's recent price surge. As recently as July 24th it was trading at 423 satoshis and on June 20th it was trading at 838 satoshis. The price bottomed out at 138 sats yesterday and then pumped to 220 this morning around 6am. The downward angled trend that has formed a wedge pattern is actually a good sign indicating a breakout pattern. Take a look at: (https://en.wikipedia.org/wiki/Wedge_pattern)
If Bitcoin remains stable we could see a very nice jump in price for Siacoin leading to 200+ satoshis levels again :)
*Never invest more than you are willing to lose and always do your own research before making any investment decisions.