Syscoin Reaches Market Cap of $80.10 Million (SYS)

Syscoin (SYS) traded down 5.3% against the U.S. dollar during the one day period ending at 7:00 AM Eastern on September 11th. One Syscoin coin can now be purchased for approximately $0.10 or 0.00000178 BTC on major cryptocurrency exchanges. Syscoin has a total market capitalization of $80.10 million and $2.15 million worth of Syscoin was traded on exchanges in the last 24 hours. During the last seven days, Syscoin has traded 5.8% higher against the U.S. dollar.

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

• Bitcoin (BTC) traded 0.6% lower against the dollar and now trades at $56,774.79 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 1.5% against the dollar and now trades at $327.91 or 0.00577802 BTC.
• Arweave (AR) traded 6.7% lower against the dollar and now trades at $18.78 or 0.00033088 BTC.
• Bitcoin SV (BSV) traded up 3.1% against the dollar and now trades at $50.06 or 0.00088205 BTC.
• eCash (XEC) traded down 1.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Syscoin

Syscoin (CRYPTO:SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 16th, 2014. Syscoin’s total supply is 792,569,633 coins. 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. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed 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 purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to trade Syscoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView