Syscoin (SYS) Reaches 24-Hour Volume of $2.16 Million

Syscoin (SYS) traded up 1.5% against the U.S. dollar during the 1 day period ending at 12:00 PM Eastern on January 21st. One Syscoin coin can now be purchased for approximately $0.0968 or 0.00000092 BTC on major exchanges. Syscoin has a market cap of $77.79 million and approximately $2.16 million worth of Syscoin was traded on exchanges in the last 24 hours. During the last week, Syscoin has traded 7.6% lower against the U.S. dollar.

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

• Bitcoin (BTC) traded up 2.7% against the dollar and now trades at $105,496.39 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 1.2% against the dollar and now trades at $444.82 or 0.00421647 BTC.
• Bitcoin SV (BSV) traded 0.2% higher against the dollar and now trades at $52.90 or 0.00050147 BTC.
• Arweave (AR) traded 2.2% lower against the dollar and now trades at $14.79 or 0.00014022 BTC.
• eCash (XEC) traded 3.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

Syscoin 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 803,764,544 coins. Syscoin’s official message board is syscoin.org/news. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. 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.

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 U.S. dollars. Investors seeking to trade Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. 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