Syscoin Hits 24 Hour Trading Volume of $1.27 Million (SYS)

Syscoin (SYS) traded up 1.9% against the US dollar during the 1-day period ending at 0:00 AM Eastern on October 10th. One Syscoin coin can now be bought for approximately $0.10 or 0.00000165 BTC on major exchanges. Syscoin has a market cap of $79.44 million and $1.27 million worth of Syscoin was traded on exchanges in the last 24 hours. In the last week, Syscoin has traded up 8.5% against the US dollar.

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

  • Bitcoin (BTC) traded down 0.5% against the dollar and now trades at $60,588.97 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded up 0.4% against the dollar and now trades at $323.95 or 0.00534665 BTC.
  • Arweave (AR) traded up 1% against the dollar and now trades at $18.43 or 0.00030423 BTC.
  • Bitcoin SV (BSV) traded 0.5% higher against the dollar and now trades at $44.56 or 0.00073545 BTC.
  • eCash (XEC) traded down 0.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Syscoin

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 792,569,633 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. 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. Syscoin’s official message board 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 currently possible to purchase alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to trade Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Syscoin using one of the aforementioned exchanges.

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