Background FA: SYS launched NEVM (full smart contract compatibility), has backing of Canada-listed BCFN corporation, Merge-Mining with Bitcoin, making it the most secure altcoin, Launched Layer1 Ecosystem, placing Syscoin as direct competition to BNB (100b Market Cap), SOL (100b Market Cap), ADA (100b Market Cap) and ETH (500b market Cap). Market Cap of SYS is 350m at the time of writing. Coinbase integration is also in place. Syscoin has been trading for 8 years, making it one of the oldest cryptos still alive. Coins are fully distributed, no large holdings either by the team or any single investor. Same level of decentralization as Dogecoin had, when we first covered it in Autumn 2020.
SYSBTC Pair broke out of a Massive Multi-Year Long-Term Downtrend with highest ever volumes, sending the SYSUSD pair into near ATH.
Goldsworth. Org Technical Analysis ideas brought you DOGE at 14 Sats , LUNA at 10 cents, SOL at 3 dollars.