Syscoin (SYS) Price Down 5.2% Over Last Week

Syscoin (SYS) traded 2.6% lower against the U.S. dollar during the twenty-four hour period ending at 15:00 PM ET on September 22nd. One Syscoin coin can currently be purchased for $0.11 or 0.00000168 BTC on popular cryptocurrency exchanges. During the last week, Syscoin has traded down 5.2% against the U.S. dollar. Syscoin has a total market cap of $83.98 million and approximately $3.69 million worth of Syscoin was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 0.6% against the dollar and now trades at $62,954.60 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.4% lower against the dollar and now trades at $341.19 or 0.00541956 BTC.
• Arweave (AR) traded 3.9% lower against the dollar and now trades at $19.31 or 0.00030666 BTC.
• Bitcoin SV (BSV) traded 2.6% lower against the dollar and now trades at $48.24 or 0.00076624 BTC.
• eCash (XEC) traded down 2.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Syscoin

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 792,569,633 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. The official website for Syscoin is syscoin.org. Syscoin’s official message board is syscoin.org/news.

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 buy alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to acquire Syscoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. 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