Syscoin (SYS) Price Hits $0.11 on Exchanges

Syscoin (SYS) traded 2% higher against the U.S. dollar during the 24-hour period ending at 20:00 PM Eastern on September 9th. Over the last seven days, Syscoin has traded up 0.1% against the U.S. dollar. Syscoin has a total market cap of $85.29 million and approximately $2.31 million worth of Syscoin was traded on exchanges in the last day. One Syscoin coin can now be purchased for about $0.11 or 0.00000189 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 3.3% against the dollar and now trades at $56,832.06 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 4.9% higher against the dollar and now trades at $321.59 or 0.00565857 BTC.
• Arweave (AR) traded up 2.3% against the dollar and now trades at $20.75 or 0.00036505 BTC.
• Bitcoin SV (BSV) traded 3% higher against the dollar and now trades at $45.92 or 0.00080808 BTC.
• eCash (XEC) traded up 0.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

Syscoin (CRYPTO: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 792,569,633 coins. 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. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible 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 currently possible to purchase alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to acquire Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. 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