Syscoin (SYS) Hits 24-Hour Trading Volume of $3.78 Million

Syscoin (SYS) traded 6.5% higher against the U.S. dollar during the one day period ending at 12:00 PM E.T. on April 19th. One Syscoin coin can currently be bought for about $0.23 or 0.00000355 BTC on cryptocurrency exchanges. Syscoin has a total market cap of $178.60 million and approximately $3.78 million worth of Syscoin was traded on exchanges in the last 24 hours. In the last seven days, Syscoin has traded down 12.7% against the U.S. dollar.

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

• Bitcoin (BTC) traded up 1.1% against the dollar and now trades at $64,185.37 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.9% lower against the dollar and now trades at $476.17 or 0.00741869 BTC.
• Arweave (AR) traded 7.8% higher against the dollar and now trades at $26.71 or 0.00041622 BTC.
• Bitcoin SV (BSV) traded 1.5% lower against the dollar and now trades at $65.83 or 0.00102567 BTC.
• eCash (XEC) traded 1% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Syscoin Profile

Syscoin (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 783,921,818 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.”

Buying and Selling Syscoin

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. 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