Syscoin (SYS) Price Hits $0.0969 on Major Exchanges

Syscoin (SYS) traded 6.6% lower against the US dollar during the twenty-four hour period ending at 17:00 PM ET on October 31st. Syscoin has a total market cap of $77.32 million and $1.57 million worth of Syscoin was traded on exchanges in the last 24 hours. Over the last seven days, Syscoin has traded down 10.8% against the US dollar. One Syscoin coin can now be purchased for $0.0969 or 0.00000138 BTC on major exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 3% against the dollar and now trades at $70,031.06 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 5.4% lower against the dollar and now trades at $352.37 or 0.00503345 BTC.
• Arweave (AR) traded down 8.5% against the dollar and now trades at $15.33 or 0.00021902 BTC.
• Bitcoin SV (BSV) traded down 0.4% against the dollar and now trades at $50.71 or 0.00072444 BTC.
• eCash (XEC) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

Syscoin (SYS) 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 798,066,267 coins. The official website for Syscoin is syscoin.org. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The official message board for Syscoin is syscoin.org/news. 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.”

Syscoin Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to trade Syscoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView