Syscoin Price Tops $0.11 (SYS)

Syscoin (SYS) traded 9.7% lower against the US dollar during the one day period ending at 22:00 PM ET on July 3rd. Syscoin has a market capitalization of $88.61 million and approximately $1.91 million worth of Syscoin was traded on exchanges in the last 24 hours. One Syscoin coin can currently be bought for $0.11 or 0.00000190 BTC on cryptocurrency exchanges. Over the last seven days, Syscoin has traded 7.9% lower against the US dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 4.1% lower against the dollar and now trades at $58,950.88 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 3.9% lower against the dollar and now trades at $360.77 or 0.00611978 BTC.
• Arweave (AR) traded 11.4% lower against the dollar and now trades at $25.10 or 0.00042573 BTC.
• Bitcoin SV (BSV) traded down 7.1% against the dollar and now trades at $40.89 or 0.00069370 BTC.
• eCash (XEC) traded down 7.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Syscoin

SYS is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 16th, 2014. Syscoin’s total supply is 789,698,811 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. Syscoin’s official website is syscoin.org. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. The official message board for Syscoin is syscoin.org/news.

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.”

Syscoin Coin Trading

It is usually not presently 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 Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView