Syscoin (SYS) Price Hits $0.21 on Exchanges

Syscoin (SYS) traded down 6.6% against the US dollar during the 1-day period ending at 16:00 PM Eastern on April 15th. Syscoin has a market capitalization of $167.56 million and approximately $2.32 million worth of Syscoin was traded on exchanges in the last day. One Syscoin coin can now be bought for about $0.21 or 0.00000339 BTC on cryptocurrency exchanges. In the last week, Syscoin has traded 27% lower against the US dollar.

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

• Bitcoin (BTC) traded 1.3% lower against the dollar and now trades at $63,224.48 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 4.6% higher against the dollar and now trades at $507.93 or 0.00804464 BTC.
• Arweave (AR) traded down 0.5% against the dollar and now trades at $26.46 or 0.00041911 BTC.
• Bitcoin SV (BSV) traded 2.2% lower against the dollar and now trades at $65.53 or 0.00103782 BTC.
• eCash (XEC) traded down 1.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Syscoin

Syscoin is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 16th, 2014. Syscoin’s total supply is 783,921,818 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 website is syscoin.org. 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 acquire Syscoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView