Syscoin Tops One Day Trading Volume of $1.08 Million (SYS)

Syscoin (SYS) traded 0.7% higher against the dollar during the 1 day period ending at 23:00 PM ET on August 3rd. Syscoin has a total market cap of $66.31 million and approximately $1.08 million worth of Syscoin was traded on exchanges in the last 24 hours. One Syscoin coin can now be bought for $0.0837 or 0.00000138 BTC on popular cryptocurrency exchanges. In the last week, Syscoin has traded 21.1% lower against the dollar.

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

• Bitcoin (BTC) traded down 1.6% against the dollar and now trades at $60,706.62 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 4.6% lower against the dollar and now trades at $361.54 or 0.00595561 BTC.
• Arweave (AR) traded 4.4% lower against the dollar and now trades at $23.03 or 0.00037929 BTC.
• Bitcoin SV (BSV) traded down 0.7% against the dollar and now trades at $43.12 or 0.00071027 BTC.
• eCash (XEC) traded up 3% 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 792,569,633 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. The official website for Syscoin is syscoin.org. Syscoin’s official message board 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 U.S. dollars. Investors seeking to trade Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. 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