Syscoin One Day Volume Reaches $1.01 Million (SYS)

Syscoin (SYS) traded 1.2% higher against the US dollar during the 24 hour period ending at 17:00 PM Eastern on July 12th. Syscoin has a market cap of $84.64 million and approximately $1.01 million worth of Syscoin was traded on exchanges in the last 24 hours. Over the last week, Syscoin has traded up 9.8% against the US dollar. One Syscoin coin can currently be bought for $0.11 or 0.00000186 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 0.4% against the dollar and now trades at $57,599.46 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 4.1% higher against the dollar and now trades at $360.71 or 0.00626237 BTC.
• Arweave (AR) traded 1.9% lower against the dollar and now trades at $23.37 or 0.00040580 BTC.
• Bitcoin SV (BSV) traded 1.4% higher against the dollar and now trades at $38.74 or 0.00067263 BTC.
• eCash (XEC) traded down 0.7% 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. It launched on August 16th, 2014. Syscoin’s total supply is 790,738,743 coins. Syscoin’s official website is syscoin.org. 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 message board is syscoin.org/news.

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView