Syscoin Tops 1-Day Volume of $2.18 Million (SYS)

Syscoin (SYS) traded up 0.6% against the U.S. dollar during the 24-hour period ending at 9:00 AM Eastern on October 22nd. Syscoin has a market cap of $82.76 million and approximately $2.18 million worth of Syscoin was traded on exchanges in the last 24 hours. One Syscoin coin can currently be purchased for approximately $0.10 or 0.00000155 BTC on major cryptocurrency exchanges. Over the last seven days, Syscoin has traded 1.9% lower against the U.S. dollar.

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

• Bitcoin (BTC) traded 0.9% lower against the dollar and now trades at $67,083.95 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.5% lower against the dollar and now trades at $357.10 or 0.00532277 BTC.
• Arweave (AR) traded down 1.8% against the dollar and now trades at $18.29 or 0.00027256 BTC.
• Bitcoin SV (BSV) traded down 3.5% against the dollar and now trades at $48.07 or 0.00071645 BTC.
• eCash (XEC) traded 1.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Profile

Syscoin (SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 16th, 2014. Syscoin’s total supply is 798,066,267 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. The official message board for Syscoin 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.”

Syscoin Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to acquire Syscoin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini 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