Syscoin Price Reaches $0.10 on Exchanges (SYS)

Syscoin (SYS) traded 0.4% higher against the US dollar during the 24 hour period ending at 20:00 PM E.T. on October 19th. In the last week, Syscoin has traded 2.1% lower against the US dollar. One Syscoin coin can currently be purchased for $0.10 or 0.00000149 BTC on major cryptocurrency exchanges. Syscoin has a market capitalization of $80.45 million and $1.07 million worth of Syscoin was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 0.1% lower against the dollar and now trades at $68,325.04 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 0.6% against the dollar and now trades at $364.63 or 0.00533676 BTC.
• Arweave (AR) traded 0.1% lower against the dollar and now trades at $18.92 or 0.00027695 BTC.
• Bitcoin SV (BSV) traded 1.7% lower against the dollar and now trades at $50.42 or 0.00073802 BTC.
• eCash (XEC) traded 0.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Profile

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 792,569,633 coins. The official message board for Syscoin is syscoin.org/news. 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. Syscoin’s official website is syscoin.org.

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 buy alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to acquire Syscoin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView