Syscoin (SYS) Trading Up 8.5% Over Last Week

Syscoin (SYS) traded down 9.1% against the US dollar during the 1-day period ending at 20:00 PM E.T. on March 15th. One Syscoin coin can currently be bought for about $0.29 or 0.00000420 BTC on popular exchanges. In the last seven days, Syscoin has traded 8.5% higher against the US dollar. Syscoin has a total market cap of $229.60 million and approximately $17.59 million worth of Syscoin was traded on exchanges in the last 24 hours.

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

  • Bitcoin (BTC) traded 2.3% lower against the dollar and now trades at $70,001.69 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded down 4.6% against the dollar and now trades at $419.56 or 0.00599356 BTC.
  • Arweave (AR) traded down 7.9% against the dollar and now trades at $35.29 or 0.00050407 BTC.
  • Bitcoin SV (BSV) traded down 10.9% against the dollar and now trades at $91.12 or 0.00130164 BTC.
  • eCash (XEC) traded 6.9% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About 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 781,803,033 coins. The official website for Syscoin 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. Syscoin’s official message board 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.”

Buying and Selling Syscoin

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

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