Syscoin (SYS) Price Tops $0.22

Syscoin (SYS) traded 3.6% lower against the dollar during the 1-day period ending at 11:00 AM Eastern on April 16th. Syscoin has a market cap of $170.69 million and $4.38 million worth of Syscoin was traded on exchanges in the last 24 hours. One Syscoin coin can currently be purchased for approximately $0.22 or 0.00000352 BTC on popular cryptocurrency exchanges. Over the last week, Syscoin has traded 21.6% lower against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 4.4% against the dollar and now trades at $61,822.87 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 9% lower against the dollar and now trades at $470.69 or 0.00761359 BTC.
• Arweave (AR) traded down 12.6% against the dollar and now trades at $23.89 or 0.00038648 BTC.
• Bitcoin SV (BSV) traded down 5.5% against the dollar and now trades at $64.47 or 0.00104280 BTC.
• eCash (XEC) traded 8.1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Syscoin Coin Profile

Syscoin (CRYPTO: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 783,921,818 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 website is syscoin.org. Syscoin’s official message board is syscoin.org/news. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible 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 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 Gemini, Coinbase or GDAX. 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