Syscoin Trading 5.4% Higher Over Last Week (SYS)

Syscoin (SYS) traded 1.2% lower against the US dollar during the one day period ending at 10:00 AM Eastern on October 25th. During the last week, Syscoin has traded up 5.4% against the US dollar. One Syscoin coin can currently be purchased for approximately $0.11 or 0.00000156 BTC on cryptocurrency exchanges. Syscoin has a total market cap of $85.35 million and $3.32 million worth of Syscoin was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 1.7% against the dollar and now trades at $68,697.10 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 3.8% higher against the dollar and now trades at $372.02 or 0.00541531 BTC.
• Arweave (AR) traded up 1.8% against the dollar and now trades at $18.44 or 0.00026840 BTC.
• Bitcoin SV (BSV) traded 2.4% higher against the dollar and now trades at $48.70 or 0.00070889 BTC.
• eCash (XEC) traded 2.1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin 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 798,066,267 coins. 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 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 presently 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, Coinbase or Gemini. 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