eCash (XEC) Trading Up 3.7% Over Last 7 Days

eCash (XEC) traded 0.1% higher against the U.S. dollar during the twenty-four hour period ending at 11:00 AM E.T. on December 31st. One eCash coin can now be purchased for $0.0000 or 0.00000000 BTC on cryptocurrency exchanges. eCash has a total market capitalization of $213.19 million and approximately $10.46 million worth of eCash was traded on exchanges in the last 24 hours. During the last seven days, eCash has traded 3.7% higher against the U.S. dollar.

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

• Arweave (AR) traded 2.1% lower against the dollar and now trades at $3.45 or 0.00003931 BTC.
• Bitcoin (BTC) traded down 1.5% against the dollar and now trades at $87,810.26 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.3% lower against the dollar and now trades at $594.59 or 0.00677134 BTC.
• Bitcoin SV (BSV) traded down 2.3% against the dollar and now trades at $17.45 or 0.00019876 BTC.
• Syscoin (SYS) traded 1.7% lower against the dollar and now trades at $0.0171 or 0.00000020 BTC.

eCash Coin Profile

XEC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was November 15th, 2020. eCash’s total supply is 19,968,339,047,580 coins and its circulating supply is 19,968,282,797,580 coins. eCash’s official Twitter account is @ecash 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. eCash’s official message board is e.cash/blog.

According to CryptoCompare, “The developers of Bitcoin ABC announced the start of a rebranding campaign that is set to coincide with the launch of a new project – eCash – aiming at redefining digital money. The Bitcoin ABC project officially changed its name to eCash and the token was renamed from BCHA to XEC on July 1 2021 at 12 PM UTC.As stated in the renewed website, eCash is the natural continuation of the Bitcoin Cash project, which is led by Amaury Sechet, a former Facebook engineer and Bitcoin pioneer, who has had a significant impact on the development of Bitcoin and is the creator of Bitcoin Cash. Sechet parted ways with Roger Ver in 2020 and created Bitcoin ABC to realize Nakamoto’s original plan of building a cryptocurrency that might be as usable as cash.After dedicating over a year of work to the project, Amaury is relaunching Bitcoin ABC as eCash, which, to date, is the only project aiming to build hard digital cash that scales and is secure with low latency. Realizing the vision of the US economist Milton Friedman, eCash follows through on key promises such as the innovative Avalanche consensus layer while also introducing concepts never before seen in a Bitcoin project, such as staking, fork-free network upgrades, and subchains.”

eCash Coin Trading

It is usually not currently 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 Coinbase, Gemini 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