Syscoin (SYS) One Day Volume Hits $2.32 Million

Syscoin (SYS) traded down 6.2% against the US dollar during the twenty-four hour period ending at 16:00 PM Eastern on October 23rd. Syscoin has a total market cap of $79.34 million and approximately $2.32 million worth of Syscoin was traded on exchanges in the last 24 hours. Over the last seven days, Syscoin has traded 3.2% lower against the US dollar. One Syscoin coin can now be bought for about $0.0994 or 0.00000150 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded down 1.8% against the dollar and now trades at $66,266.93 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 2.8% against the dollar and now trades at $346.86 or 0.00523422 BTC.
• Arweave (AR) traded down 3.5% against the dollar and now trades at $17.74 or 0.00026768 BTC.
• Bitcoin SV (BSV) traded 3.5% lower against the dollar and now trades at $46.44 or 0.00070087 BTC.
• eCash (XEC) traded down 3.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin 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 798,066,267 coins. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. Syscoin’s official message board is syscoin.org/news. 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.”

Buying and Selling Syscoin

It is usually not currently possible to purchase alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to acquire Syscoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView