Syscoin Trading Up 3.2% Over Last 7 Days (SYS)

Syscoin (SYS) traded 3% higher against the US dollar during the 24 hour period ending at 23:00 PM ET on March 29th. One Syscoin coin can now be bought for about $0.29 or 0.00000417 BTC on popular exchanges. Syscoin has a market cap of $228.29 million and approximately $4.57 million worth of Syscoin was traded on exchanges in the last 24 hours. Over the last seven days, Syscoin has traded 3.2% higher against the US dollar.

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

• Bitcoin (BTC) traded 0.9% lower against the dollar and now trades at $69,971.29 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 11.2% against the dollar and now trades at $618.76 or 0.00884306 BTC.
• Arweave (AR) traded down 6.3% against the dollar and now trades at $39.18 or 0.00055998 BTC.
• Bitcoin SV (BSV) traded up 4% against the dollar and now trades at $98.17 or 0.00140302 BTC.
• eCash (XEC) traded down 3.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Syscoin

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 783,287,645 coins. Syscoin’s official message board is syscoin.org/news. Syscoin’s official website is syscoin.org. 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.

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

SYS/USD price chart by TradingView