Syscoin Price Tops $0.12 on Major Exchanges (SYS)

Syscoin (SYS) traded 7.3% higher against the U.S. dollar during the one day period ending at 12:00 PM ET on December 28th. One Syscoin coin can now be bought for approximately $0.12 or 0.00000125 BTC on popular exchanges. In the last week, Syscoin has traded 9.2% higher against the U.S. dollar. Syscoin has a market cap of $95.24 million and approximately $2.18 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 0.9% higher against the dollar and now trades at $94,708.10 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded 0.7% higher against the dollar and now trades at $445.99 or 0.00470912 BTC.
  • Arweave (AR) traded 4.3% higher against the dollar and now trades at $17.39 or 0.00018360 BTC.
  • Bitcoin SV (BSV) traded 1.8% higher against the dollar and now trades at $53.84 or 0.00056844 BTC.
  • eCash (XEC) traded up 4.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin 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 802,462,067 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.”

Syscoin Coin Trading

It is usually not currently 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 Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Syscoin using one of the exchanges listed above.

Receive News & Updates for Syscoin Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Syscoin and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.