Syscoin (SYS) Price Tops $0.10 on Major Exchanges

Syscoin (SYS) traded up 0.3% against the U.S. dollar during the one day period ending at 8:00 AM E.T. on October 29th. Syscoin has a total market cap of $80.89 million and approximately $2.67 million worth of Syscoin was traded on exchanges in the last 24 hours. Over the last week, Syscoin has traded down 1.9% against the U.S. dollar. One Syscoin coin can currently be purchased for approximately $0.10 or 0.00000142 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 3.7% against the dollar and now trades at $71,475.22 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 8.4% higher against the dollar and now trades at $381.69 or 0.00534016 BTC.
• Arweave (AR) traded up 5.3% against the dollar and now trades at $16.77 or 0.00023468 BTC.
• Bitcoin SV (BSV) traded up 10.3% against the dollar and now trades at $51.65 or 0.00072261 BTC.
• eCash (XEC) traded up 7.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Profile

Syscoin (CRYPTO: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 798,066,267 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The official website for Syscoin is syscoin.org. Syscoin’s official message board 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 U.S. dollars. Investors seeking to acquire Syscoin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. 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