eCash (XEC) Hits Self Reported Market Cap of $583.48 Million

Posted by on Sep 7th, 2024

eCash (XEC) traded 2.2% higher against the U.S. dollar during the 24 hour period ending at 0:00 AM ET on September 7th. eCash has a total market capitalization of $583.48 million and approximately $4.70 million worth of eCash was traded on exchanges in the last day. Over the last week, eCash has traded down 2.1% against the U.S. dollar. One eCash coin can now be purchased for approximately $0.0000 or 0.00000000 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

  • Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $54,389.07 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded up 3% against the dollar and now trades at $304.45 or 0.00559772 BTC.
  • Arweave (AR) traded 0.1% lower against the dollar and now trades at $20.15 or 0.00037045 BTC.
  • Bitcoin SV (BSV) traded down 0.2% against the dollar and now trades at $44.19 or 0.00081241 BTC.
  • Syscoin (SYS) traded 7.1% higher against the dollar and now trades at $0.10 or 0.00000192 BTC.

eCash Profile

eCash (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 19,753,920,298,090 coins and its circulating supply is 19,753,895,298,090 coins. eCash’s official Twitter account is @ecashofficial and its Facebook page is accessible here. 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.

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 possible to buy alternative cryptocurrencies such as eCash directly using U.S. dollars. Investors seeking to acquire eCash should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy eCash using one of the exchanges listed above.

XEC/USD price chart by TradingView

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