Syscoin Trading Up 5.7% Over Last 7 Days (SYS)

Syscoin (SYS) traded down 2.9% against the US dollar during the 24-hour period ending at 13:00 PM Eastern on November 13th. In the last week, Syscoin has traded up 5.7% against the US dollar. One Syscoin coin can now be purchased for about $0.0274 or 0.00000027 BTC on cryptocurrency exchanges. Syscoin has a market cap of $23.12 million and approximately $1.50 million worth of Syscoin was traded on exchanges in the last 24 hours.

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

• Arweave (AR) traded down 2.5% against the dollar and now trades at $4.67 or 0.00004660 BTC.
• Bitcoin (BTC) traded 3.2% lower against the dollar and now trades at $100,222.22 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 1.6% against the dollar and now trades at $513.92 or 0.00512924 BTC.
• Bitcoin SV (BSV) traded down 0.3% against the dollar and now trades at $23.31 or 0.00023268 BTC.
• eCash (XEC) traded down 1.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Profile

Syscoin (SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 16th, 2014. Syscoin’s total supply is 844,737,977 coins. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. The official website for Syscoin is syscoin.org. Syscoin’s official message board is syscoin.org/news. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible 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 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 GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView