Syscoin (SYS) Trading Down 17.8% Over Last 7 Days

Syscoin (SYS) traded 0% higher against the dollar during the 1-day period ending at 12:00 PM Eastern on April 7th. Syscoin has a market capitalization of $27.79 million and approximately $5.69 million worth of Syscoin was traded on exchanges in the last 24 hours. In the last seven days, Syscoin has traded 17.8% lower against the dollar. One Syscoin coin can currently be bought for about $0.0345 or 0.00000044 BTC on exchanges.

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

• Arweave (AR) traded 5.6% lower against the dollar and now trades at $5.14 or 0.00006581 BTC.
• Bitcoin (BTC) traded down 4.4% against the dollar and now trades at $78,121.09 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 8% against the dollar and now trades at $271.51 or 0.00347553 BTC.
• Bitcoin SV (BSV) traded 7.9% lower against the dollar and now trades at $26.77 or 0.00034262 BTC.
• eCash (XEC) traded 7.1% lower 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 launched on August 16th, 2014. Syscoin’s total supply is 805,202,128 coins. Syscoin’s official website is syscoin.org. Syscoin’s official message board is syscoin.org/news. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. 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.”

Buying and Selling Syscoin

It is usually not presently possible to buy alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to acquire Syscoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView