Syscoin (SYS) Hits Market Capitalization of $92.67 Million

Syscoin (SYS) traded down 2.1% against the US dollar during the 24-hour period ending at 0:00 AM ET on February 11th. Syscoin has a total market cap of $92.67 million and approximately $1.91 million worth of Syscoin was traded on exchanges in the last 24 hours. One Syscoin coin can currently be purchased for $0.13 or 0.00000262 BTC on exchanges. In the last week, Syscoin has traded 11.1% higher against the US dollar.

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

  • Bitcoin (BTC) traded 0.1% lower against the dollar and now trades at $48,142.90 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded 0.8% higher against the dollar and now trades at $271.21 or 0.00563252 BTC.
  • Bitcoin SV (BSV) traded down 2.1% against the dollar and now trades at $78.94 or 0.00163944 BTC.
  • eCash (XEC) traded 1.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Arweave (AR) traded 1.2% lower against the dollar and now trades at $8.65 or 0.00017974 BTC.

About Syscoin

Syscoin (CRYPTO:SYS) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 16th, 2014. Syscoin’s total supply is 734,868,254 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. The official message board for Syscoin is syscoin.org/news. 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.”

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Syscoin using one of the exchanges listed above.

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