Syscoin (SYS) Price Reaches $0.18

Syscoin (SYS) traded 6.1% higher against the US dollar during the one day period ending at 11:00 AM Eastern on December 4th. Syscoin has a total market cap of $143.77 million and approximately $8.85 million worth of Syscoin was traded on exchanges in the last day. Over the last week, Syscoin has traded 36.5% higher against the US dollar. One Syscoin coin can currently be bought for about $0.18 or 0.00000189 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 0.1% lower against the dollar and now trades at $95,335.49 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 3.3% against the dollar and now trades at $555.23 or 0.00582393 BTC.
• Arweave (AR) traded down 6% against the dollar and now trades at $26.66 or 0.00027965 BTC.
• Bitcoin SV (BSV) traded up 9% against the dollar and now trades at $78.92 or 0.00082780 BTC.
• eCash (XEC) traded up 8.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Syscoin

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 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. 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.

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 purchase alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to trade Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly 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