Syscoin Price Hits $0.10 on Top Exchanges (SYS)

Syscoin (SYS) traded down 1.4% against the US dollar during the 1-day period ending at 16:00 PM Eastern on October 15th. Syscoin has a total market capitalization of $82.62 million and $2.69 million worth of Syscoin was traded on exchanges in the last day. During the last week, Syscoin has traded 4.3% higher against the US dollar. One Syscoin coin can now be bought for $0.10 or 0.00000156 BTC on popular exchanges.

Here is how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 1.5% against the dollar and now trades at $66,998.14 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.2% higher against the dollar and now trades at $355.60 or 0.00530757 BTC.
• Arweave (AR) traded 1.3% lower against the dollar and now trades at $19.84 or 0.00029612 BTC.
• Bitcoin SV (BSV) traded 0.6% higher against the dollar and now trades at $49.55 or 0.00073963 BTC.
• eCash (XEC) traded up 2.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Syscoin

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 792,569,633 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. Syscoin’s official website 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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. 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