Syscoin Trading Up 2.6% Over Last Week (SYS)

Syscoin (SYS) traded 4.4% higher against the US dollar during the 1-day period ending at 20:00 PM E.T. on June 27th. In the last seven days, Syscoin has traded up 2.6% against the US dollar. One Syscoin coin can now be purchased for about $0.13 or 0.00000209 BTC on popular cryptocurrency exchanges. Syscoin has a total market cap of $101.56 million and approximately $1.56 million worth of Syscoin was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 1.4% against the dollar and now trades at $61,617.16 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 4.2% higher against the dollar and now trades at $389.21 or 0.00631665 BTC.
• Arweave (AR) traded up 0.7% against the dollar and now trades at $26.17 or 0.00042478 BTC.
• Bitcoin SV (BSV) traded 2.1% higher against the dollar and now trades at $45.56 or 0.00073933 BTC.
• eCash (XEC) traded 1.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

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 789,698,811 coins. The official message board for Syscoin is syscoin.org/news. 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.

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 U.S. dollars. Investors seeking to trade Syscoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini 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