Syscoin (SYS) Price Reaches $0.22 on Top Exchanges

Syscoin (SYS) traded down 3.1% against the dollar during the twenty-four hour period ending at 11:00 AM E.T. on April 27th. Syscoin has a total market cap of $171.04 million and $2.51 million worth of Syscoin was traded on exchanges in the last 24 hours. Over the last week, Syscoin has traded down 11.9% against the dollar. One Syscoin coin can now be bought for about $0.22 or 0.00000346 BTC on popular exchanges.

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

• Bitcoin (BTC) traded 0.9% lower against the dollar and now trades at $63,047.61 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.3% lower against the dollar and now trades at $476.98 or 0.00756536 BTC.
• Arweave (AR) traded 0.8% higher against the dollar and now trades at $32.47 or 0.00051507 BTC.
• Bitcoin SV (BSV) traded 0.5% higher against the dollar and now trades at $65.76 or 0.00104300 BTC.
• eCash (XEC) traded 1.8% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Syscoin

Syscoin 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 official message board for Syscoin is syscoin.org/news. The official website for Syscoin is syscoin.org. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. 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.”

Buying and Selling Syscoin

It is usually not possible to buy alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to trade Syscoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. 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