Syscoin (SYS) Tops 24-Hour Trading Volume of $45.27 Million

Syscoin (SYS) traded 13.9% higher against the dollar during the 24-hour period ending at 10:00 AM Eastern on August 18th. One Syscoin coin can now be purchased for approximately $0.0964 or 0.00000160 BTC on exchanges. Syscoin has a total market cap of $76.41 million and $45.27 million worth of Syscoin was traded on exchanges in the last day. Over the last seven days, Syscoin has traded 28.9% higher against the dollar.

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

• Bitcoin (BTC) traded up 0.6% against the dollar and now trades at $60,064.32 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 0.3% against the dollar and now trades at $345.13 or 0.00574527 BTC.
• Arweave (AR) traded 3.5% higher against the dollar and now trades at $21.90 or 0.00036453 BTC.
• Bitcoin SV (BSV) traded 0.2% higher against the dollar and now trades at $43.22 or 0.00071943 BTC.
• eCash (XEC) traded up 0.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About 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 792,569,633 coins. 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. The official message board for Syscoin 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 purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to acquire Syscoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView