Syscoin One Day Volume Reaches $1.82 Million (SYS)

Syscoin (SYS) traded 1.8% lower against the US dollar during the 1-day period ending at 8:00 AM ET on June 1st. One Syscoin coin can currently be purchased for about $0.19 or 0.00000285 BTC on exchanges. Syscoin has a total market cap of $151.79 million and approximately $1.82 million worth of Syscoin was traded on exchanges in the last 24 hours. In the last week, Syscoin has traded 2.9% higher against the US dollar.

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

  • Bitcoin (BTC) traded down 1.4% against the dollar and now trades at $67,647.36 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded down 1.1% against the dollar and now trades at $459.68 or 0.00679545 BTC.
  • Arweave (AR) traded 2.7% lower against the dollar and now trades at $43.49 or 0.00064292 BTC.
  • Bitcoin SV (BSV) traded 1.7% lower against the dollar and now trades at $61.12 or 0.00090352 BTC.
  • eCash (XEC) traded down 0.9% 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. It was first traded on August 16th, 2014. Syscoin’s total supply is 787,025,797 coins. The official message board for Syscoin 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 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 GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Syscoin using one of the exchanges listed above.

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