Syscoin (SYS) Market Cap Hits $94.80 Million

Syscoin (SYS) traded up 7% against the US dollar during the 24 hour period ending at 0:00 AM ET on July 19th. Syscoin has a total market capitalization of $94.80 million and $1.26 million worth of Syscoin was traded on exchanges in the last 24 hours. During the last seven days, Syscoin has traded up 11.8% against the US dollar. One Syscoin coin can now be purchased for $0.12 or 0.00000180 BTC on major exchanges.

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

• Bitcoin (BTC) traded 3.6% higher against the dollar and now trades at $66,638.03 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 2.5% against the dollar and now trades at $389.96 or 0.00585097 BTC.
• Arweave (AR) traded 11.1% higher against the dollar and now trades at $33.78 or 0.00050685 BTC.
• Bitcoin SV (BSV) traded 1.2% higher against the dollar and now trades at $46.98 or 0.00070484 BTC.
• eCash (XEC) traded 2.7% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Syscoin

Syscoin (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 791,579,509 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.”

Buying and Selling Syscoin

It is usually not currently 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 Gemini, GDAX 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