Syscoin (SYS) Price Down 8.8% Over Last Week

Syscoin (SYS) traded 3.4% higher against the dollar during the 24 hour period ending at 12:00 PM Eastern on February 26th. Syscoin has a total market capitalization of $49.21 million and $2.09 million worth of Syscoin was traded on exchanges in the last 24 hours. One Syscoin coin can currently be bought for approximately $0.0611 or 0.00000070 BTC on popular exchanges. During the last week, Syscoin has traded down 8.8% against the dollar.

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

• Bitcoin (BTC) traded down 0.2% against the dollar and now trades at $86,861.94 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 3.4% against the dollar and now trades at $295.89 or 0.00340642 BTC.
• Bitcoin SV (BSV) traded up 0.7% against the dollar and now trades at $35.13 or 0.00040445 BTC.
• Arweave (AR) traded 3% higher against the dollar and now trades at $8.29 or 0.00009548 BTC.
• eCash (XEC) traded 1.1% higher 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. Its genesis date was August 16th, 2014. Syscoin’s total supply is 805,202,128 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 website is syscoin.org. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The official message board for Syscoin is syscoin.org/news.

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 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 GDAX, Gemini or Changelly. 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