Syscoin (SYS) Price Down 16.3% This Week

Syscoin (SYS) traded up 1.7% against the U.S. dollar during the 1 day period ending at 12:00 PM ET on October 5th. Over the last week, Syscoin has traded down 16.3% against the U.S. dollar. One Syscoin coin can currently be purchased for approximately $0.0965 or 0.00000155 BTC on major exchanges. Syscoin has a market capitalization of $76.50 million and $1.37 million worth of Syscoin was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 0.6% against the dollar and now trades at $62,120.13 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 0.1% against the dollar and now trades at $322.34 or 0.00518893 BTC.
• Arweave (AR) traded 0.2% lower against the dollar and now trades at $18.57 or 0.00029888 BTC.
• Bitcoin SV (BSV) traded 1.2% higher against the dollar and now trades at $46.07 or 0.00074163 BTC.
• eCash (XEC) traded 0.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

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 792,569,633 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 Twitter account is @syscoin and its Facebook page is accessible here. Syscoin’s official message board is syscoin.org/news. The official website for Syscoin is syscoin.org.

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 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 Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView