Syscoin Tops 24 Hour Trading Volume of $1.91 Million (SYS)

Syscoin (SYS) traded 2.4% lower against the dollar during the twenty-four hour period ending at 13:00 PM ET on May 8th. Over the last seven days, Syscoin has traded 6.4% higher against the dollar. Syscoin has a total market cap of $151.92 million and approximately $1.91 million worth of Syscoin was traded on exchanges in the last 24 hours. One Syscoin coin can currently be bought for about $0.19 or 0.00000310 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 1.5% lower against the dollar and now trades at $62,533.74 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 6.4% lower against the dollar and now trades at $459.29 or 0.00734474 BTC.
• Arweave (AR) traded 4.6% lower against the dollar and now trades at $37.21 or 0.00059504 BTC.
• Bitcoin SV (BSV) traded down 1.8% against the dollar and now trades at $64.09 or 0.00102496 BTC.
• eCash (XEC) traded 4.1% lower 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 genesis date was August 16th, 2014. Syscoin’s total supply is 783,921,818 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. The official website for Syscoin is syscoin.org. 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.”

Buying and Selling Syscoin

It is usually not possible to purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to acquire Syscoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView