Syscoin Price Hits $0.22 on Top Exchanges (SYS)

Syscoin (SYS) traded 4.3% higher against the US dollar during the 1 day period ending at 18:00 PM ET on April 18th. One Syscoin coin can now be purchased for $0.22 or 0.00000347 BTC on cryptocurrency exchanges. Syscoin has a market cap of $173.24 million and $3.04 million worth of Syscoin was traded on exchanges in the last day. Over the last seven days, Syscoin has traded down 17.6% against the US dollar.

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

• Bitcoin (BTC) traded up 3.2% against the dollar and now trades at $63,618.25 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 4.5% against the dollar and now trades at $486.40 or 0.00764567 BTC.
• Arweave (AR) traded up 2.7% against the dollar and now trades at $25.35 or 0.00039853 BTC.
• Bitcoin SV (BSV) traded 2.4% higher against the dollar and now trades at $67.44 or 0.00106003 BTC.
• eCash (XEC) traded 3.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Syscoin 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 783,921,818 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. Syscoin’s official website is syscoin.org. The official message board for Syscoin is syscoin.org/news.

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 presently 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 Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView