eCash (XEC) Hits Self Reported Market Cap of $649.89 Million

eCash (XEC) traded down 12.4% against the U.S. dollar during the 24 hour period ending at 8:00 AM E.T. on December 20th. eCash has a market capitalization of $649.89 million and approximately $63.33 million worth of eCash was traded on exchanges in the last day. During the last seven days, eCash has traded 26.4% lower against the U.S. dollar. One eCash coin can currently be bought for $0.0000 or 0.00000000 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 8% lower against the dollar and now trades at $93,843.49 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 15.1% against the dollar and now trades at $409.40 or 0.00436255 BTC.
• Arweave (AR) traded down 13.5% against the dollar and now trades at $15.52 or 0.00016540 BTC.
• Bitcoin SV (BSV) traded down 12.4% against the dollar and now trades at $50.26 or 0.00053561 BTC.
• Syscoin (SYS) traded 12.8% lower against the dollar and now trades at $0.0997 or 0.00000106 BTC.

eCash Profile

eCash (CRYPTO:XEC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on July 1st, 2021. eCash’s total supply is 19,800,085,922,584 coins and its circulating supply is 19,800,079,672,584 coins. eCash’s official Twitter account is @ecashofficial and its Facebook page is accessible here. 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.

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

XEC/USD price chart by TradingView