Syscoin (SYS) Trading 14.1% Lower This Week

Syscoin (SYS) traded down 1.7% against the US dollar during the 1 day period ending at 19:00 PM ET on April 28th. Syscoin has a total market capitalization of $168.79 million and approximately $1.74 million worth of Syscoin was traded on exchanges in the last day. One Syscoin coin can now be bought for about $0.22 or 0.00000342 BTC on exchanges. In the last week, Syscoin has traded 14.1% lower against the US dollar.

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

• Bitcoin (BTC) traded down 0.8% against the dollar and now trades at $62,978.99 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 0.6% against the dollar and now trades at $471.30 or 0.00748346 BTC.
• Arweave (AR) traded up 7.4% against the dollar and now trades at $35.79 or 0.00056828 BTC.
• Bitcoin SV (BSV) traded 0.7% lower against the dollar and now trades at $66.09 or 0.00104942 BTC.
• eCash (XEC) traded down 1.9% 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. Its genesis date was August 16th, 2014. Syscoin’s total supply is 783,921,818 coins. The Reddit community for Syscoin is https://reddit.com/r/syscoin and the currency’s Github account can be viewed here. The official website for Syscoin is syscoin.org. Syscoin’s official Twitter account is @syscoin and its Facebook page is accessible 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 currently possible to purchase alternative cryptocurrencies such as Syscoin directly using U.S. dollars. Investors seeking to trade Syscoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. 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