Syscoin (SYS) Price Hits $0.11

Syscoin (SYS) traded 2% higher against the U.S. dollar during the one day period ending at 23:00 PM Eastern on July 12th. Syscoin has a total market capitalization of $84.82 million and approximately $879,012.62 worth of Syscoin was traded on exchanges in the last 24 hours. In the last week, Syscoin has traded up 10.9% against the U.S. dollar. One Syscoin coin can currently be bought for approximately $0.11 or 0.00000185 BTC on major exchanges.

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

• Bitcoin (BTC) traded 1.7% higher against the dollar and now trades at $57,862.73 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 7.4% higher against the dollar and now trades at $374.20 or 0.00646711 BTC.
• Arweave (AR) traded 0.7% lower against the dollar and now trades at $24.08 or 0.00041618 BTC.
• Bitcoin SV (BSV) traded 4.5% higher against the dollar and now trades at $39.45 or 0.00068181 BTC.
• eCash (XEC) traded up 2.9% 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. It launched on August 16th, 2014. Syscoin’s total supply is 790,738,743 coins. Syscoin’s official message board is syscoin.org/news. The official website for Syscoin 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.

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

SYS/USD price chart by TradingView