Syscoin Price Tops $0.11 on Top Exchanges (SYS)

Syscoin (SYS) traded up 2.6% against the dollar during the 1 day period ending at 12:00 PM E.T. on November 18th. One Syscoin coin can now be bought for $0.11 or 0.00000120 BTC on cryptocurrency exchanges. Syscoin has a market cap of $87.54 million and approximately $3.55 million worth of Syscoin was traded on exchanges in the last 24 hours. Over the last seven days, Syscoin has traded 1.3% higher against the dollar.

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

• Bitcoin (BTC) traded up 1.8% against the dollar and now trades at $91,328.73 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2% higher against the dollar and now trades at $444.92 or 0.00487162 BTC.
• Bitcoin SV (BSV) traded up 2.9% against the dollar and now trades at $68.94 or 0.00075484 BTC.
• Arweave (AR) traded 5.9% higher against the dollar and now trades at $19.13 or 0.00020942 BTC.
• eCash (XEC) traded 3.1% higher 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. Its launch date was August 16th, 2014. Syscoin’s total supply is 798,888,913 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 website is syscoin.org. Syscoin’s official message board is syscoin.org/news. 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 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, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView