Syscoin (SYS) Market Cap Tops $80.47 Million

Syscoin (SYS) traded down 1.2% against the U.S. dollar during the one day period ending at 10:00 AM E.T. on September 6th. Syscoin has a total market capitalization of $80.47 million and $6.70 million worth of Syscoin was traded on exchanges in the last 24 hours. One Syscoin coin can currently be purchased for about $0.10 or 0.00000185 BTC on major cryptocurrency exchanges. During the last seven days, Syscoin has traded down 9% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 3.7% lower against the dollar and now trades at $54,966.24 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 1.9% against the dollar and now trades at $305.03 or 0.00554933 BTC.
• Arweave (AR) traded 1.1% lower against the dollar and now trades at $21.24 or 0.00038648 BTC.
• Bitcoin SV (BSV) traded 3.3% lower against the dollar and now trades at $45.29 or 0.00082389 BTC.
• eCash (XEC) traded down 3.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

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 Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. Syscoin’s official message board is syscoin.org/news. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The official website for Syscoin 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 possible to buy alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to trade Syscoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView