Syscoin Price Hits $0.10 on Exchanges (SYS)

Syscoin (SYS) traded up 1.6% against the dollar during the 1 day period ending at 13:00 PM E.T. on September 17th. Over the last week, Syscoin has traded 4.2% lower against the dollar. Syscoin has a market cap of $80.59 million and approximately $4.22 million worth of Syscoin was traded on exchanges in the last 24 hours. One Syscoin coin can now be bought for about $0.10 or 0.00000167 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 4.7% higher against the dollar and now trades at $60,810.34 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.5% higher against the dollar and now trades at $317.97 or 0.00522881 BTC.
• Arweave (AR) traded 0.7% higher against the dollar and now trades at $19.04 or 0.00031305 BTC.
• Bitcoin SV (BSV) traded up 2.7% against the dollar and now trades at $47.37 or 0.00077896 BTC.
• eCash (XEC) traded up 3.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

Syscoin is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 16th, 2014. Syscoin’s total supply is 792,569,633 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. Syscoin’s official message board is syscoin.org/news. The official website for Syscoin is syscoin.org.

According to CryptoCompare, “Syscoin (SYS) is a blockchain protocol founded in 2014 by Sebastian Schepis, designed to merge the security of Bitcoin with the functionality of Ethereum into a single, scalable platform. It supports the creation of decentralized applications and custom tokens, leveraging a dual-chain architecture that includes the Ethereum-compatible NEVM and a Bitcoin-based Syscoin UTXO blockchain. Syscoin aims to offer fast, secure, and low-cost transactions, with features like optimistic and ZK rollups for enhanced scalability. Led by the non-profit Syscoin Foundation, with development spearheaded by SYS Labs, the ecosystem fosters innovation in decentralized finance (DeFi) and NFT marketplaces. Syscoin’s unique blend of Bitcoin’s and Ethereum’s strengths positions it as a versatile and efficient blockchain for a wide range of applications.”

Buying and Selling Syscoin

It is usually not possible to buy alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to trade Syscoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView