Syscoin Price Reaches $0.0863 (SYS)

Syscoin (SYS) traded down 11% against the U.S. dollar during the twenty-four hour period ending at 15:00 PM E.T. on November 3rd. Syscoin has a market cap of $68.96 million and $2.61 million worth of Syscoin was traded on exchanges in the last 24 hours. During the last seven days, Syscoin has traded 13.6% lower against the U.S. dollar. One Syscoin coin can currently be purchased for about $0.0863 or 0.00000126 BTC on major exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 1.3% lower against the dollar and now trades at $68,618.69 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 4.4% against the dollar and now trades at $340.21 or 0.00495800 BTC.
• Bitcoin SV (BSV) traded 6% lower against the dollar and now trades at $46.67 or 0.00068019 BTC.
• Arweave (AR) traded 4.8% lower against the dollar and now trades at $13.74 or 0.00020027 BTC.
• eCash (XEC) traded 5.8% lower against the dollar and now trades at $0.0000 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 was first traded on August 16th, 2014. Syscoin’s total supply is 798,888,913 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. The official message board for Syscoin 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 U.S. dollars. Investors seeking to trade Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. 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