Syscoin Price Reaches $0.0733 (SYS)

Syscoin (SYS) traded down 4.8% against the dollar during the one day period ending at 20:00 PM ET on August 9th. One Syscoin coin can currently be purchased for approximately $0.0733 or 0.00000120 BTC on exchanges. Over the last week, Syscoin has traded down 12.7% against the dollar. Syscoin has a total market cap of $58.11 million and approximately $1.57 million worth of Syscoin was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $61,261.74 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 1.1% against the dollar and now trades at $350.48 or 0.00572103 BTC.
• Arweave (AR) traded 0.5% lower against the dollar and now trades at $22.37 or 0.00036512 BTC.
• Bitcoin SV (BSV) traded down 2.6% against the dollar and now trades at $42.70 or 0.00069707 BTC.
• eCash (XEC) traded 1.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin 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 792,569,633 coins. The official website for Syscoin is syscoin.org. 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. 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 purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to trade Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView