Syscoin Reaches 24-Hour Trading Volume of $2.09 Million (SYS)

Syscoin (SYS) traded 3.4% higher against the dollar during the 1 day period ending at 12:00 PM ET on February 26th. One Syscoin coin can currently be bought for $0.0611 or 0.00000070 BTC on popular cryptocurrency exchanges. Over the last week, Syscoin has traded 8.8% lower against the dollar. Syscoin has a market cap of $49.21 million and approximately $2.09 million worth of Syscoin was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded down 0.2% against the dollar and now trades at $86,861.94 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 3.4% against the dollar and now trades at $295.89 or 0.00340642 BTC.
• Bitcoin SV (BSV) traded up 0.7% against the dollar and now trades at $35.13 or 0.00040445 BTC.
• Arweave (AR) traded up 3% against the dollar and now trades at $8.29 or 0.00009548 BTC.
• eCash (XEC) traded up 1.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Syscoin

Syscoin (CRYPTO: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 805,202,128 coins. 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. 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.”

Buying and Selling Syscoin

It is usually not presently possible to purchase alternative cryptocurrencies such as Syscoin directly using US dollars. Investors seeking to acquire Syscoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Syscoin using one of the aforementioned exchanges.

SYS/USD price chart by TradingView