Syscoin (SYS) Trading Down 22.4% Over Last 7 Days

Syscoin (SYS) traded 3.6% higher against the dollar during the one day period ending at 8:00 AM ET on April 15th. Syscoin has a total market cap of $180.96 million and approximately $5.88 million worth of Syscoin was traded on exchanges in the last day. In the last week, Syscoin has traded 22.4% lower against the dollar. One Syscoin coin can now be purchased for $0.23 or 0.00000350 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 2.5% against the dollar and now trades at $66,001.27 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 11.5% higher against the dollar and now trades at $538.85 or 0.00816430 BTC.
• Arweave (AR) traded up 9.6% against the dollar and now trades at $27.99 or 0.00042412 BTC.
• Bitcoin SV (BSV) traded up 6.9% against the dollar and now trades at $71.48 or 0.00108304 BTC.
• eCash (XEC) traded 6.4% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Syscoin Coin 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. 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 possible to buy alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to trade Syscoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView