eCash Reaches Self Reported Market Capitalization of $1.01 Billion (XEC)

Posted by on Apr 17th, 2024

eCash (XEC) traded down 1.3% against the US dollar during the 1 day period ending at 7:00 AM E.T. on April 17th. One eCash coin can now be purchased for about $0.0001 or 0.00000000 BTC on exchanges. During the last seven days, eCash has traded down 27.4% against the US dollar. eCash has a market cap of $1.01 billion and $27.97 million worth of eCash was traded on exchanges in the last day.

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

  • Bitcoin (BTC) traded up 0.9% against the dollar and now trades at $63,152.87 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded 2% lower against the dollar and now trades at $469.25 or 0.00743040 BTC.
  • Arweave (AR) traded down 3.4% against the dollar and now trades at $24.45 or 0.00038715 BTC.
  • Bitcoin SV (BSV) traded 0.6% higher against the dollar and now trades at $66.11 or 0.00104675 BTC.
  • Syscoin (SYS) traded 4.5% lower against the dollar and now trades at $0.22 or 0.00000348 BTC.

eCash Coin Profile

XEC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was July 1st, 2021. eCash’s total supply is 19,688,729,673,092 coins and its circulating supply is 19,688,751,548,092 coins. eCash’s official website is e.cash. The Reddit community for eCash is https://reddit.com/r/ecash and the currency’s Github account can be viewed here. eCash’s official Twitter account is @ecashofficial and its Facebook page is accessible here.

According to CryptoCompare, “eCash (XEC) aims to deliver scaling solutions and introduce features like staking and subchains while maintaining the core technology of Bitcoin. XEC tokens are used for minting custom tokens, paying transaction fees, and participating in governance. eCash has protocol upgrades twice a year, and it was rebranded from Bitcoin Cash ABC to eCash in July 2021.”

Buying and Selling eCash

It is usually not presently possible to buy alternative cryptocurrencies such as eCash directly using U.S. dollars. Investors seeking to trade eCash should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy eCash using one of the aforementioned exchanges.

XEC/USD price chart by TradingView

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