Syscoin Tops 24-Hour Volume of $2.30 Million (SYS)

Syscoin (SYS) traded down 2.7% against the US dollar during the 24 hour period ending at 21:00 PM ET on October 21st. During the last seven days, Syscoin has traded down 1.9% against the US dollar. One Syscoin coin can currently be bought for $0.10 or 0.00000155 BTC on popular cryptocurrency exchanges. Syscoin has a total market capitalization of $83.16 million and $2.30 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 2.9% against the dollar and now trades at $67,199.69 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 2.1% against the dollar and now trades at $363.11 or 0.00540339 BTC.
• Arweave (AR) traded down 5.3% against the dollar and now trades at $18.48 or 0.00027506 BTC.
• Bitcoin SV (BSV) traded down 4.8% against the dollar and now trades at $48.81 or 0.00072638 BTC.
• eCash (XEC) traded 4.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin 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 798,066,267 coins. The official message board for Syscoin is syscoin.org/news. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. 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 presently possible to purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to trade Syscoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView