Syscoin (SYS) Trading 14.7% Lower Over Last Week

Syscoin (SYS) traded 3.9% higher against the dollar during the 1-day period ending at 23:00 PM Eastern on September 4th. One Syscoin coin can currently be bought for $0.10 or 0.00000175 BTC on cryptocurrency exchanges. During the last seven days, Syscoin has traded down 14.7% against the dollar. Syscoin has a total market cap of $80.05 million and approximately $1.96 million worth of Syscoin was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded up 1.8% against the dollar and now trades at $57,725.48 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 2% against the dollar and now trades at $313.96 or 0.00543877 BTC.
• Arweave (AR) traded up 4.2% against the dollar and now trades at $21.24 or 0.00036799 BTC.
• Bitcoin SV (BSV) traded 0.4% lower against the dollar and now trades at $44.75 or 0.00077521 BTC.
• eCash (XEC) traded up 0.4% 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. Its launch date was August 16th, 2014. Syscoin’s total supply is 792,569,633 coins. Syscoin’s official website is syscoin.org. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible here. 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.

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 possible to buy alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to trade Syscoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Syscoin using one of the exchanges listed above.

SYS/USD price chart by TradingView