Syscoin (SYS) Price Reaches $0.12 on Major Exchanges

Syscoin (SYS) traded 9.2% higher against the U.S. dollar during the 1-day period ending at 12:00 PM E.T. on December 24th. Syscoin has a market capitalization of $96.14 million and $2.40 million worth of Syscoin was traded on exchanges in the last 24 hours. One Syscoin coin can currently be purchased for $0.12 or 0.00000121 BTC on cryptocurrency exchanges. During the last week, Syscoin has traded down 13.5% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 5.6% higher against the dollar and now trades at $98,935.32 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 6.9% against the dollar and now trades at $474.90 or 0.00480008 BTC.
• Arweave (AR) traded 8.1% higher against the dollar and now trades at $17.76 or 0.00017953 BTC.
• Bitcoin SV (BSV) traded 5.8% higher against the dollar and now trades at $57.20 or 0.00057815 BTC.
• eCash (XEC) traded 5.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Profile

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 802,256,968 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The official message board for Syscoin 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.

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 buy alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to trade Syscoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView