eCash Hits Self Reported Market Cap of $988.32 Million (XEC)

Posted by on May 5th, 2024

eCash (XEC) traded down 1.4% against the US dollar during the twenty-four hour period ending at 19:00 PM ET on May 5th. One eCash coin can now be purchased for $0.0001 or 0.00000000 BTC on exchanges. In the last week, eCash has traded 0% higher against the US dollar. eCash has a total market capitalization of $988.32 million and $17.30 million worth of eCash was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

  • Bitcoin (BTC) traded 0.4% higher against the dollar and now trades at $63,977.13 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded 0.7% higher against the dollar and now trades at $467.92 or 0.00731385 BTC.
  • Arweave (AR) traded up 12.2% against the dollar and now trades at $40.19 or 0.00062824 BTC.
  • Bitcoin SV (BSV) traded 0.8% lower against the dollar and now trades at $64.64 or 0.00101029 BTC.
  • Syscoin (SYS) traded 0.4% higher against the dollar and now trades at $0.20 or 0.00000316 BTC.

eCash Coin Profile

eCash (CRYPTO: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 19,697,764,048,092 coins. The official website for eCash 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.”

eCash Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as eCash directly using US dollars. Investors seeking to acquire eCash should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. 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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