eCash Achieves Self Reported Market Capitalization of $630.49 Million (XEC)

eCash (XEC) traded 0.2% lower against the US dollar during the twenty-four hour period ending at 0:00 AM Eastern on June 20th. eCash has a market capitalization of $630.49 million and approximately $8.44 million worth of eCash was traded on exchanges in the last day. In the last week, eCash has traded down 17.7% against the US dollar. One eCash coin can now be purchased for about $0.0000 or 0.00000000 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 0.9% lower against the dollar and now trades at $64,507.46 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.9% higher against the dollar and now trades at $392.74 or 0.00608832 BTC.
• Arweave (AR) traded 3.4% lower against the dollar and now trades at $25.63 or 0.00039727 BTC.
• Bitcoin SV (BSV) traded up 1% against the dollar and now trades at $44.42 or 0.00068865 BTC.
• Syscoin (SYS) traded 3.4% higher against the dollar and now trades at $0.13 or 0.00000196 BTC.

About 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 19,718,129,673,092 coins and its circulating supply is 19,718,120,298,092 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 Twitter account is @ecashofficial and its Facebook page is accessible 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.”

Buying and Selling eCash

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