eCash Hits Self Reported Market Cap of $565.74 Million (XEC)

eCash (XEC) traded 6.6% lower against the U.S. dollar during the one day period ending at 12:00 PM ET on July 4th. eCash has a market cap of $565.74 million and approximately $9.89 million worth of eCash was traded on exchanges in the last 24 hours. One eCash coin can now be purchased for approximately $0.0000 or 0.00000000 BTC on major exchanges. During the last seven days, eCash has traded down 11% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 4% lower against the dollar and now trades at $57,978.49 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 8.4% lower against the dollar and now trades at $342.38 or 0.00590531 BTC.
• Arweave (AR) traded down 12.6% against the dollar and now trades at $23.46 or 0.00040465 BTC.
• Bitcoin SV (BSV) traded down 11.3% against the dollar and now trades at $38.19 or 0.00065874 BTC.
• Syscoin (SYS) traded down 11.4% against the dollar and now trades at $0.11 or 0.00000184 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 19,724,320,298,091 coins and its circulating supply is 19,724,314,048,091 coins. 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. 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 possible to buy alternative cryptocurrencies such as eCash directly using U.S. dollars. Investors seeking to trade eCash should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy eCash using one of the aforementioned exchanges.

XEC/USD price chart by TradingView