Syscoin Price Down 0.3% Over Last 7 Days (SYS)

Syscoin (SYS) traded 3.7% higher against the dollar during the twenty-four hour period ending at 20:00 PM E.T. on August 16th. In the last week, Syscoin has traded 0.3% lower against the dollar. One Syscoin coin can currently be purchased for about $0.0725 or 0.00000123 BTC on popular exchanges. Syscoin has a total market cap of $57.45 million and approximately $1.55 million worth of Syscoin was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 2.6% higher against the dollar and now trades at $58,937.97 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 0.2% against the dollar and now trades at $336.29 or 0.00570581 BTC.
• Arweave (AR) traded 1.5% higher against the dollar and now trades at $21.37 or 0.00036256 BTC.
• Bitcoin SV (BSV) traded down 1.6% against the dollar and now trades at $42.39 or 0.00071918 BTC.
• eCash (XEC) traded 3.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About 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. Syscoin’s official message board is syscoin.org/news. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. 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 possible to buy alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to acquire Syscoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView