Syscoin Trading Down 11.4% Over Last 7 Days (SYS)

Syscoin (SYS) traded 4% lower against the US dollar during the 1 day period ending at 13:00 PM Eastern on July 23rd. In the last seven days, Syscoin has traded down 11.4% against the US dollar. Syscoin has a market capitalization of $82.67 million and approximately $1.28 million worth of Syscoin was traded on exchanges in the last day. One Syscoin coin can now be purchased for $0.10 or 0.00000158 BTC on popular cryptocurrency exchanges.

Here is how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 1.8% lower against the dollar and now trades at $66,023.31 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 7% against the dollar and now trades at $365.76 or 0.00553992 BTC.
• Arweave (AR) traded down 5.7% against the dollar and now trades at $30.09 or 0.00045581 BTC.
• Bitcoin SV (BSV) traded 3.2% lower against the dollar and now trades at $44.22 or 0.00066983 BTC.
• eCash (XEC) traded down 4.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Profile

Syscoin (SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 16th, 2014. Syscoin’s total supply is 791,612,393 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 Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. Syscoin’s official website is syscoin.org.

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 purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to trade Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView