Syscoin (SYS) 24-Hour Volume Reaches $1.30 Million

Syscoin (SYS) traded 0.5% higher against the US dollar during the one day period ending at 12:00 PM Eastern on January 5th. Syscoin has a total market capitalization of $99.66 million and approximately $1.30 million worth of Syscoin was traded on exchanges in the last day. One Syscoin coin can now be purchased for about $0.12 or 0.00000127 BTC on exchanges. In the last week, Syscoin has traded up 8.3% against the US dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 0% higher against the dollar and now trades at $98,039.45 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 2.3% against the dollar and now trades at $466.43 or 0.00475736 BTC.
• Arweave (AR) traded 0.9% lower against the dollar and now trades at $18.96 or 0.00019335 BTC.
• Bitcoin SV (BSV) traded down 0.4% against the dollar and now trades at $56.55 or 0.00057674 BTC.
• eCash (XEC) traded down 0.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About 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 802,462,067 coins. The official website for Syscoin is syscoin.org. 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.

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView