Syscoin (SYS) Price Tops $0.0135

Syscoin (SYS) traded 1.3% lower against the U.S. dollar during the twenty-four hour period ending at 13:00 PM E.T. on February 17th. One Syscoin coin can now be purchased for $0.0135 or 0.00000020 BTC on cryptocurrency exchanges. During the last seven days, Syscoin has traded 4.2% higher against the U.S. dollar. Syscoin has a total market capitalization of $11.42 million and approximately $3.92 million worth of Syscoin was traded on exchanges in the last 24 hours.

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

• Arweave (AR) traded 0.7% higher against the dollar and now trades at $2.02 or 0.00003010 BTC.
• Bitcoin (BTC) traded down 0.1% against the dollar and now trades at $66,972.24 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.5% higher against the dollar and now trades at $562.72 or 0.00840233 BTC.
• Bitcoin SV (BSV) traded down 2.2% against the dollar and now trades at $16.80 or 0.00025080 BTC.
• eCash (XEC) traded 1.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

SYS is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 16th, 2014. Syscoin’s total supply is 848,972,568 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. Syscoin’s official message board is syscoin.org/news. 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.

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 acquire Syscoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. 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