Syscoin 24 Hour Trading Volume Reaches $1.92 Million (SYS)

Syscoin (SYS) traded up 2.1% against the US dollar during the 1 day period ending at 12:00 PM Eastern on January 9th. Over the last week, Syscoin has traded down 7.5% against the US dollar. One Syscoin coin can now be bought for about $0.11 or 0.00000117 BTC on exchanges. Syscoin has a market cap of $88.59 million and $1.92 million worth of Syscoin was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded down 0.3% against the dollar and now trades at $94,117.45 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.3% lower against the dollar and now trades at $428.33 or 0.00454984 BTC.
• Bitcoin SV (BSV) traded 1.4% higher against the dollar and now trades at $52.89 or 0.00056179 BTC.
• Arweave (AR) traded 0.3% lower against the dollar and now trades at $15.60 or 0.00016566 BTC.
• eCash (XEC) traded 5.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Syscoin

SYS is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 16th, 2014. Syscoin’s total supply is 802,462,067 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. The official message board for Syscoin 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 buy alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to trade Syscoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase 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