Syscoin Price Hits $0.0976 on Exchanges (SYS)

Syscoin (SYS) traded 4.1% lower against the U.S. dollar during the 24 hour period ending at 18:00 PM Eastern on October 26th. During the last seven days, Syscoin has traded 3.8% lower against the U.S. dollar. Syscoin has a market capitalization of $77.89 million and $2.56 million worth of Syscoin was traded on exchanges in the last day. One Syscoin coin can currently be bought for about $0.0976 or 0.00000146 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 0.8% higher against the dollar and now trades at $67,030.42 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 3.4% lower against the dollar and now trades at $348.28 or 0.00519580 BTC.
• Arweave (AR) traded 9.4% lower against the dollar and now trades at $16.09 or 0.00024006 BTC.
• Bitcoin SV (BSV) traded down 3.8% against the dollar and now trades at $45.41 or 0.00067743 BTC.
• eCash (XEC) traded down 2.8% 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. Its genesis date was August 16th, 2014. Syscoin’s total supply is 798,066,267 coins. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. The official website for Syscoin is syscoin.org. The official message board for Syscoin is syscoin.org/news. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here.

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 presently possible to buy alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to acquire Syscoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. 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