Syscoin (SYS) Trading 12% Lower Over Last 7 Days

Syscoin (SYS) traded down 3.1% against the dollar during the one day period ending at 12:00 PM Eastern on January 29th. Syscoin has a total market capitalization of $70.14 million and approximately $970,261.29 worth of Syscoin was traded on exchanges in the last day. In the last week, Syscoin has traded down 12% against the dollar. One Syscoin coin can now be purchased for $0.0873 or 0.00000086 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $101,880.67 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 3.7% lower against the dollar and now trades at $409.37 or 0.00401816 BTC.
• Bitcoin SV (BSV) traded down 2.8% against the dollar and now trades at $47.50 or 0.00046622 BTC.
• Arweave (AR) traded down 4% against the dollar and now trades at $12.67 or 0.00012440 BTC.
• eCash (XEC) traded down 3.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Syscoin Coin Profile

Syscoin (CRYPTO: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 803,764,544 coins. 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. 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 presently 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 Changelly, Coinbase or Gemini. 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