Syscoin (SYS) Market Capitalization Tops $55.75 Million

Syscoin (SYS) traded down 0.7% against the US dollar during the 1-day period ending at 12:00 PM E.T. on February 10th. One Syscoin coin can now be purchased for approximately $0.0692 or 0.00000071 BTC on popular exchanges. Syscoin has a total market capitalization of $55.75 million and $2.80 million worth of Syscoin was traded on exchanges in the last day. During the last week, Syscoin has traded 0.4% lower against the US dollar.

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

• Bitcoin (BTC) traded up 0.9% against the dollar and now trades at $97,333.32 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 0.7% against the dollar and now trades at $331.16 or 0.00340228 BTC.
• Bitcoin SV (BSV) traded up 0.3% against the dollar and now trades at $39.62 or 0.00040709 BTC.
• Arweave (AR) traded down 0.7% against the dollar and now trades at $9.12 or 0.00009373 BTC.
• eCash (XEC) traded up 0.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Profile

Syscoin 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 805,226,922 coins. 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. 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.”

Syscoin Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to acquire Syscoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX 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