Syscoin Price Hits $0.27 (SYS)

Syscoin (SYS) traded 19.3% higher against the dollar during the twenty-four hour period ending at 7:00 AM Eastern on April 20th. Syscoin has a total market capitalization of $211.07 million and $44.05 million worth of Syscoin was traded on exchanges in the last day. One Syscoin coin can now be bought for approximately $0.27 or 0.00000422 BTC on exchanges. During the last seven days, Syscoin has traded 13.6% higher against the dollar.

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

• Bitcoin (BTC) traded down 2.3% against the dollar and now trades at $63,770.21 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 1% against the dollar and now trades at $488.03 or 0.00765301 BTC.
• Arweave (AR) traded up 8.7% against the dollar and now trades at $29.40 or 0.00046100 BTC.
• Bitcoin SV (BSV) traded down 0.7% against the dollar and now trades at $66.56 or 0.00104373 BTC.
• eCash (XEC) traded down 0.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Syscoin Coin Profile

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 783,921,818 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. Syscoin’s official website is syscoin.org. 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 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 GDAX, Gemini or Coinbase. 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