Syscoin Reaches 24 Hour Volume of $10.93 Million (SYS)

Syscoin (SYS) traded down 5.2% against the dollar during the one day period ending at 22:00 PM E.T. on August 27th. Syscoin has a market cap of $97.23 million and $10.93 million worth of Syscoin was traded on exchanges in the last day. During the last week, Syscoin has traded 16.1% lower against the dollar. One Syscoin coin can now be purchased for $0.12 or 0.00000207 BTC on exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 5.7% lower against the dollar and now trades at $59,330.62 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 6.8% lower against the dollar and now trades at $321.03 or 0.00541089 BTC.
• Arweave (AR) traded down 8.6% against the dollar and now trades at $23.61 or 0.00039791 BTC.
• Bitcoin SV (BSV) traded 6.8% lower against the dollar and now trades at $41.22 or 0.00069478 BTC.
• eCash (XEC) traded down 6.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Syscoin

Syscoin (CRYPTO:SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 16th, 2014. Syscoin’s total supply is 792,569,633 coins. The official message board for Syscoin 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 Twitter account is @syscoin and its Facebook page is accessible 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 presently possible to purchase alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to acquire Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView