2021-10-1 20:17 |
eCash XEC/USD is a fork of Bitcoin that combines the core technology behind Bitcoin with Proof-of-Stake (PoS) consensus and protocol governance.
The XEC token is the native cryptocurrency token that powers the eCash network and has specific use-cases such as token minting and staking.
eCash’s innovations as catalysts for growtheCash supports tokens that anyone has the opportunity to create and trade.
Through it, you can create your own token with a customized name, supply, and icon. The platform is a continuation of a project known as “Bitcoin Cash.”
eCash has plans to create subnets so that the network has the ability to interconnect with other networks and provide different features but still use the same coin at its core.
On September 28, eCash also became available on SwapSwpace, where users were provided with the opportunity to trade XEC in a non-custodial way without any limitations or registrations.
Should you invest in eCash (XEC)?On September 29, eCash (XEC) had a value of $0.000248.
To get a better perspective of this value point and see if it can truly increase its value, we will be going over it’s all-time high value as well as its performance throughout August.
The all-time high value of the token was on September 4 when it reached a value of $0.000380. Here, we can see a difference in the value of $0.000132. This is a 53% difference.
When it comes to the token’s performance in August, it had its lowest point on August 2, where the token dropped to $0.0000325 in value.
It’s all-time high value was on August 29, where the token increased its value to $0.000220. This marked an increase of the token by $0.0001875 or 576%.
With the token’s historical performance into consideration, and given the fact that on September 29, it is at one of its lowest points of value, eCash (XEC) is a worthwhile investment as it has the genuine potential to increase its value to $0.000322 by the end of October.
The post eCash has shown a positive trend, should you invest in XEC on September 29? appeared first on Invezz.
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