eCash Achieves Self Reported Market Cap of $925.86 Million (XEC)

eCash (XEC) traded 5.1% lower against the U.S. dollar during the twenty-four hour period ending at 17:00 PM ET on May 8th. One eCash coin can now be bought for approximately $0.0000 or 0.00000000 BTC on exchanges. eCash has a total market capitalization of $925.86 million and $16.04 million worth of eCash was traded on exchanges in the last day. During the last seven days, eCash has traded 6.1% higher against the U.S. dollar.

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

• Bitcoin (BTC) traded 2.5% lower against the dollar and now trades at $61,500.08 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 7.2% lower against the dollar and now trades at $446.53 or 0.00726117 BTC.
• Arweave (AR) traded down 3.8% against the dollar and now trades at $36.65 or 0.00059602 BTC.
• Bitcoin SV (BSV) traded down 2.6% against the dollar and now trades at $62.71 or 0.00101978 BTC.
• Syscoin (SYS) traded 4.5% lower against the dollar and now trades at $0.19 or 0.00000306 BTC.

eCash Profile

XEC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was July 1st, 2021. eCash’s total supply is 19,699,207,798,092 coins and its circulating supply is 19,699,239,048,092 coins. eCash’s official Twitter account is @ecashofficial and its Facebook page is accessible here. The Reddit community for eCash is https://reddit.com/r/ecash and the currency’s Github account can be viewed here. eCash’s official website is e.cash.

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.”

eCash Coin Trading

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

XEC/USD price chart by TradingView