Syscoin (SYS) Price Hits $0.11

Syscoin (SYS) traded up 6.2% against the dollar during the 1 day period ending at 9:00 AM E.T. on July 26th. Syscoin has a total market capitalization of $83.25 million and approximately $1.61 million worth of Syscoin was traded on exchanges in the last 24 hours. In the last week, Syscoin has traded down 5.7% against the dollar. One Syscoin coin can currently be purchased for about $0.11 or 0.00000156 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 5% higher against the dollar and now trades at $67,290.99 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 6.6% higher against the dollar and now trades at $372.86 or 0.00554097 BTC.
• Arweave (AR) traded up 5.9% against the dollar and now trades at $30.64 or 0.00045535 BTC.
• Bitcoin SV (BSV) traded up 4.9% against the dollar and now trades at $44.00 or 0.00065385 BTC.
• eCash (XEC) traded up 5.9% 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 791,612,393 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. Syscoin’s official message board is syscoin.org/news. 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.

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

SYS/USD price chart by TradingView