Syscoin (SYS) Hits 24 Hour Volume of $1.72 Million

Syscoin (SYS) traded 3.1% higher against the U.S. dollar during the 24-hour period ending at 21:00 PM Eastern on July 25th. Syscoin has a total market capitalization of $81.33 million and approximately $1.72 million worth of Syscoin was traded on exchanges in the last 24 hours. One Syscoin coin can now be purchased for approximately $0.10 or 0.00000155 BTC on exchanges. In the last seven days, Syscoin has traded down 6.3% against the U.S. dollar.

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

• Bitcoin (BTC) traded up 2.8% against the dollar and now trades at $66,331.08 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 2.6% against the dollar and now trades at $365.05 or 0.00550350 BTC.
• Arweave (AR) traded up 1.7% against the dollar and now trades at $30.39 or 0.00045816 BTC.
• Bitcoin SV (BSV) traded up 0.3% against the dollar and now trades at $42.92 or 0.00064707 BTC.
• eCash (XEC) traded up 2.6% 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. Its genesis date was August 16th, 2014. Syscoin’s total supply is 791,612,393 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. Syscoin’s official message board is syscoin.org/news. The official website for Syscoin is syscoin.org. 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 currently possible to purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to acquire Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView