Syscoin Hits Market Cap of $149.39 Million (SYS)

Syscoin (SYS) traded up 2.3% against the dollar during the 24-hour period ending at 14:00 PM Eastern on May 25th. Over the last seven days, Syscoin has traded 0.3% higher against the dollar. One Syscoin coin can now be bought for approximately $0.19 or 0.00000275 BTC on popular exchanges. Syscoin has a market capitalization of $149.39 million and approximately $1.59 million worth of Syscoin was traded on exchanges in the last 24 hours.

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

  • Bitcoin (BTC) traded up 0.3% against the dollar and now trades at $69,066.32 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded down 0.4% against the dollar and now trades at $492.84 or 0.00713570 BTC.
  • Arweave (AR) traded down 0.7% against the dollar and now trades at $40.25 or 0.00058281 BTC.
  • Bitcoin SV (BSV) traded 1.2% higher against the dollar and now trades at $63.90 or 0.00092516 BTC.
  • eCash (XEC) traded up 0.9% 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 787,025,797 coins. Syscoin’s official message board is syscoin.org/news. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. Syscoin’s official website is syscoin.org. 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 possible to purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to trade Syscoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Syscoin using one of the aforementioned exchanges.

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