Syscoin 24-Hour Trading Volume Tops $1.89 Million (SYS)

Syscoin (SYS) traded 2.3% lower against the dollar during the 24-hour period ending at 13:00 PM E.T. on March 6th. Syscoin has a market capitalization of $42.41 million and approximately $1.89 million worth of Syscoin was traded on exchanges in the last 24 hours. Over the last week, Syscoin has traded 14.2% lower against the dollar. One Syscoin coin can currently be purchased for $0.0527 or 0.00000059 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 1.1% lower against the dollar and now trades at $88,692.00 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 0.5% against the dollar and now trades at $388.98 or 0.00438572 BTC.
• Bitcoin SV (BSV) traded 3.7% lower against the dollar and now trades at $35.90 or 0.00040472 BTC.
• Arweave (AR) traded down 2.4% against the dollar and now trades at $7.31 or 0.00008238 BTC.
• eCash (XEC) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

Syscoin is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 16th, 2014. Syscoin’s total supply is 805,202,128 coins. Syscoin’s official website 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 Twitter account is @syscoin and its Facebook page is accessible here. The official message board for Syscoin 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 possible to buy alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to acquire Syscoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView