Syscoin (SYS) Hits One Day Trading Volume of $2.05 Million

Syscoin (SYS) traded 2.3% higher against the U.S. dollar during the one day period ending at 12:00 PM Eastern on May 24th. One Syscoin coin can now be bought for about $0.19 or 0.00000272 BTC on popular exchanges. Syscoin has a total market cap of $145.76 million and approximately $2.05 million worth of Syscoin was traded on exchanges in the last 24 hours. Over the last seven days, Syscoin has traded 7.2% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 0.3% higher against the dollar and now trades at $68,182.23 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 0.3% against the dollar and now trades at $490.21 or 0.00718964 BTC.
• Arweave (AR) traded 3% lower against the dollar and now trades at $40.19 or 0.00058944 BTC.
• Bitcoin SV (BSV) traded down 2.1% against the dollar and now trades at $62.77 or 0.00092057 BTC.
• eCash (XEC) traded down 0.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Profile

Syscoin 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 787,025,797 coins. The official website for Syscoin is syscoin.org. 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.

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

SYS/USD price chart by TradingView