Syscoin Price Reaches $0.12 on Exchanges (SYS)

Syscoin (SYS) traded 5.6% lower against the U.S. dollar during the 24 hour period ending at 20:00 PM E.T. on June 22nd. Syscoin has a total market capitalization of $95.09 million and approximately $1.94 million worth of Syscoin was traded on exchanges in the last 24 hours. One Syscoin coin can currently be purchased for about $0.12 or 0.00000187 BTC on major exchanges. Over the last week, Syscoin has traded 21% lower against the U.S. dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Bitcoin (BTC) traded up 0.3% against the dollar and now trades at $64,318.87 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded 2.5% higher against the dollar and now trades at $392.45 or 0.00610167 BTC.
  • Arweave (AR) traded 1.5% lower against the dollar and now trades at $27.48 or 0.00042731 BTC.
  • Bitcoin SV (BSV) traded 4.3% higher against the dollar and now trades at $45.55 or 0.00070824 BTC.
  • eCash (XEC) traded up 3.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

Syscoin (CRYPTO:SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 16th, 2014. Syscoin’s total supply is 789,698,811 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 presently possible to purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to trade Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Syscoin using one of the exchanges listed above.

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