Syscoin (SYS) Market Capitalization Reaches $214.37 Million

Syscoin (SYS) traded up 3.5% against the dollar during the one day period ending at 0:00 AM ET on March 10th. One Syscoin coin can currently be purchased for approximately $0.27 or 0.00000400 BTC on major exchanges. Over the last seven days, Syscoin has traded 9.8% higher against the dollar. Syscoin has a market cap of $214.37 million and approximately $5.26 million worth of Syscoin was traded on exchanges in the last 24 hours.

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

  • Bitcoin (BTC) traded down 0.8% against the dollar and now trades at $68,569.59 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded 4.9% lower against the dollar and now trades at $416.21 or 0.00606995 BTC.
  • Arweave (AR) traded down 7.1% against the dollar and now trades at $39.96 or 0.00058277 BTC.
  • Bitcoin SV (BSV) traded down 3.6% against the dollar and now trades at $106.81 or 0.00155771 BTC.
  • eCash (XEC) traded 6.2% lower 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 781,803,033 coins. 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. The official message board for Syscoin is syscoin.org/news. The official website for Syscoin is syscoin.org.

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 possible to buy alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to acquire Syscoin should first buy 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 buy Syscoin using one of the exchanges listed above.

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