Syscoin (SYS) Price Reaches $0.0870 on Major Exchanges

Syscoin (SYS) traded down 9% against the dollar during the 24-hour period ending at 21:00 PM E.T. on November 3rd. Syscoin has a total market capitalization of $69.54 million and approximately $2.88 million worth of Syscoin was traded on exchanges in the last 24 hours. In the last seven days, Syscoin has traded down 11.9% against the dollar. One Syscoin coin can now be purchased for $0.0870 or 0.00000126 BTC on major exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded up 1.5% against the dollar and now trades at $69,147.60 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 3.1% against the dollar and now trades at $339.01 or 0.00490272 BTC.
• Bitcoin SV (BSV) traded 0.3% lower against the dollar and now trades at $47.65 or 0.00068907 BTC.
• Arweave (AR) traded down 1.5% against the dollar and now trades at $14.00 or 0.00020244 BTC.
• eCash (XEC) traded 1.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

Syscoin (SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 16th, 2014. Syscoin’s total supply is 798,888,913 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 message board is syscoin.org/news. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. 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 currently possible to purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to acquire Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, 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