Syscoin Reaches 24 Hour Trading Volume of $3.13 Million (SYS)

Syscoin (SYS) traded up 5.3% against the U.S. dollar during the 1 day period ending at 7:00 AM Eastern on November 2nd. Syscoin has a total market capitalization of $81.45 million and $3.13 million worth of Syscoin was traded on exchanges in the last 24 hours. Over the last week, Syscoin has traded 3.1% higher against the U.S. dollar. One Syscoin coin can now be purchased for $0.10 or 0.00000147 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 0.7% lower against the dollar and now trades at $69,604.00 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.7% lower against the dollar and now trades at $348.64 or 0.00500884 BTC.
• Bitcoin SV (BSV) traded 2.6% lower against the dollar and now trades at $49.83 or 0.00071597 BTC.
• Arweave (AR) traded 4.7% lower against the dollar and now trades at $14.79 or 0.00021255 BTC.
• eCash (XEC) traded down 2.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin 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 798,066,267 coins. Syscoin’s official message board 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. Syscoin’s official website 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.”

Syscoin Coin Trading

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

SYS/USD price chart by TradingView