Syscoin (SYS) Trading Up 15.1% Over Last Week

Syscoin (SYS) traded up 10.1% against the dollar during the 1-day period ending at 16:00 PM Eastern on March 28th. Syscoin has a market capitalization of $226.42 million and $6.69 million worth of Syscoin was traded on exchanges in the last day. In the last seven days, Syscoin has traded up 15.1% against the dollar. One Syscoin coin can currently be purchased for approximately $0.29 or 0.00000409 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 2.5% higher against the dollar and now trades at $70,674.36 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 6.2% against the dollar and now trades at $572.18 or 0.00809572 BTC.
• Arweave (AR) traded up 1.7% against the dollar and now trades at $41.69 or 0.00058990 BTC.
• Bitcoin SV (BSV) traded up 1.4% against the dollar and now trades at $91.82 or 0.00129923 BTC.
• eCash (XEC) traded up 1.5% against the dollar and now trades at $0.0001 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 783,287,645 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 Twitter account is @syscoin and its Facebook page is accessible here. Syscoin’s official website is syscoin.org. 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 currently possible to purchase alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to acquire Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. 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