Syscoin Tops One Day Trading Volume of $12.80 Million (SYS)

Syscoin (SYS) traded 3.5% lower against the dollar during the 1-day period ending at 20:00 PM Eastern on March 4th. Syscoin has a total market capitalization of $192.56 million and $12.80 million worth of Syscoin was traded on exchanges in the last day. During the last seven days, Syscoin has traded up 47.1% against the dollar. One Syscoin coin can now be purchased for approximately $0.25 or 0.00000360 BTC on major exchanges.

Here is how similar cryptocurrencies have performed during the last day:

  • Bitcoin (BTC) traded 7.3% higher against the dollar and now trades at $68,430.71 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded down 0.7% against the dollar and now trades at $461.44 or 0.00674318 BTC.
  • Bitcoin SV (BSV) traded 8.5% higher against the dollar and now trades at $116.84 or 0.00170744 BTC.
  • Arweave (AR) traded 6.6% lower against the dollar and now trades at $28.42 or 0.00041534 BTC.
  • eCash (XEC) traded 74.7% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Syscoin Coin Profile

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 781,776,780 coins. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. 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.

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

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