Syscoin Achieves Market Cap of $80.59 Million (SYS)

Syscoin (SYS) traded up 1.6% against the U.S. dollar during the twenty-four hour period ending at 13:00 PM E.T. on September 17th. One Syscoin coin can currently be bought for $0.10 or 0.00000167 BTC on popular cryptocurrency exchanges. Syscoin has a total market cap of $80.59 million and approximately $4.22 million worth of Syscoin was traded on exchanges in the last day. Over the last seven days, Syscoin has traded down 4.2% against the U.S. dollar.

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

• Bitcoin (BTC) traded up 4.7% against the dollar and now trades at $60,810.34 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 1.5% against the dollar and now trades at $317.97 or 0.00522881 BTC.
• Arweave (AR) traded 0.7% higher against the dollar and now trades at $19.04 or 0.00031305 BTC.
• Bitcoin SV (BSV) traded up 2.7% against the dollar and now trades at $47.37 or 0.00077896 BTC.
• eCash (XEC) traded up 3.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

Syscoin (CRYPTO:SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 16th, 2014. Syscoin’s total supply is 792,569,633 coins. Syscoin’s official website is syscoin.org. 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 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 currently 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 Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView