Syscoin (SYS) Price Up 9.1% This Week

Syscoin (SYS) traded 4.5% lower against the US dollar during the 24 hour period ending at 9:00 AM ET on July 12th. In the last week, Syscoin has traded 9.1% higher against the US dollar. Syscoin has a market cap of $83.10 million and $1.08 million worth of Syscoin was traded on exchanges in the last day. One Syscoin coin can currently be purchased for $0.11 or 0.00000182 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 1.7% against the dollar and now trades at $57,683.71 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 2.2% against the dollar and now trades at $350.17 or 0.00607058 BTC.
• Arweave (AR) traded 7.3% lower against the dollar and now trades at $22.31 or 0.00038678 BTC.
• Bitcoin SV (BSV) traded down 1.6% against the dollar and now trades at $38.63 or 0.00066964 BTC.
• eCash (XEC) traded down 4.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Syscoin

Syscoin (CRYPTO: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 790,738,743 coins. Syscoin’s official message board is syscoin.org/news. Syscoin’s official website 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 currently possible to purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to trade Syscoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView