Syscoin (SYS) Price Tops $0.12 on Exchanges

Syscoin (SYS) traded 5.6% lower against the U.S. dollar during the 24-hour period ending at 12:00 PM ET on November 26th. In the last seven days, Syscoin has traded 15.8% higher against the U.S. dollar. Syscoin has a market cap of $96.83 million and approximately $5.49 million worth of Syscoin was traded on exchanges in the last 24 hours. One Syscoin coin can currently be purchased for about $0.12 or 0.00000129 BTC on popular exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 2% lower against the dollar and now trades at $93,838.10 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 3.6% lower against the dollar and now trades at $493.59 or 0.00525999 BTC.
• Bitcoin SV (BSV) traded 4.5% lower against the dollar and now trades at $65.96 or 0.00070296 BTC.
• Arweave (AR) traded down 10.2% against the dollar and now trades at $19.69 or 0.00020979 BTC.
• eCash (XEC) traded 4.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

SYS 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 798,888,913 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. 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.”

Buying and Selling Syscoin

It is usually not currently 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, Gemini or Coinbase. 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