Syscoin (SYS) Reaches 1-Day Trading Volume of $1.27 Million

Syscoin (SYS) traded down 0.2% against the US dollar during the 24 hour period ending at 20:00 PM E.T. on July 28th. One Syscoin coin can currently be bought for $0.11 or 0.00000155 BTC on popular exchanges. Syscoin has a market cap of $84.20 million and $1.27 million worth of Syscoin was traded on exchanges in the last 24 hours. In the last week, Syscoin has traded down 7.2% against the US dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 1.2% higher against the dollar and now trades at $68,780.08 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 7% higher against the dollar and now trades at $418.89 or 0.00609035 BTC.
• Arweave (AR) traded up 1% against the dollar and now trades at $31.52 or 0.00045834 BTC.
• Bitcoin SV (BSV) traded 1.8% higher against the dollar and now trades at $46.73 or 0.00067938 BTC.
• eCash (XEC) traded 5.4% 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. Its launch date was August 16th, 2014. Syscoin’s total supply is 791,612,393 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.”

Syscoin Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to acquire Syscoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView