Syscoin (SYS) Hits Market Capitalization of $77.86 Million

Syscoin (SYS) traded down 0.3% against the U.S. dollar during the one day period ending at 14:00 PM Eastern on November 2nd. Syscoin has a total market cap of $77.86 million and approximately $3.77 million worth of Syscoin was traded on exchanges in the last day. During the last seven days, Syscoin has traded up 0.6% against the U.S. dollar. One Syscoin coin can currently be bought for about $0.0976 or 0.00000141 BTC on popular exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 0.2% higher against the dollar and now trades at $69,345.33 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.2% lower against the dollar and now trades at $346.15 or 0.00499223 BTC.
• Bitcoin SV (BSV) traded 3.4% lower against the dollar and now trades at $48.60 or 0.00070094 BTC.
• Arweave (AR) traded down 6.9% against the dollar and now trades at $14.25 or 0.00020555 BTC.
• eCash (XEC) traded down 3.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Profile

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 798,066,267 coins. 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. 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 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 Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView