Siacoin sees a 40% correction, perpetual funding shows a -4% rate

After an 80% rally in 30 days, Siacoin has just experienced a sharp correction of -40% in perpetual futures, bringing it to $0.011, with a negative funding rate of -4%. Spot prices do not seem to be following suit and remain at $0.017.

Over the past few months, the underlying product behind Siacoin, a decentralized and secure cloud storage system, has undergone a comprehensive rewrite and redesign. The result is a platform that is now ready, significantly more intuitive, user-friendly, and compatible with S3 APIs, making the product more accessible.

The overhaul of Sia was released a few weeks ago, and having tested it, it's truly a game changer

https://www.coingecko.com/en/coins/siacoin