By Mark L - Bitcoin Expert - 28-09-2021
eCash (XEC), originally BCHA (Bitcoin Cash ABC), is currently seeing an upward trend. The recent increase in value comes as a relief to the cryptocurrency community after most crypto market investments have experienced major price drops. Since the fall across the market, many cryptocurrencies have gradually been recovering their prices back to pre-crash rates. A select few cryptos even go above and beyond what is thought possible at this current time. One coin in particular which is breaking through the steady slope of the market is XEC.
As of writing, the price to buy cryptocurrency token XEC is on a strong rise, increasing about 13%, and is currently being sold for $0.0002742. The current market value for XEC is presently sitting at around $5.1 billion and is available to purchase at popular crypto exchange platforms. As per CoinMarketCap, XEC is the thirty-second largest cryptocurrency with a supply of over 18,000 billion tokens in circulation. The real-time asset tracking platform stated that the trading volume has increased to $172,034,168.
According to eCash developers, it is a token that's built to withstand a variety of difficulties. Reportedly, XEC was created on the basis of economic theory and information regarding the actuality of the crypto industry. To further explain the development of eCash XEC, it is to have been created by developers of Bitcoin (BTC) to help solve some of the main problems the financial industry and internet were facing at the time. The developers reportedly built eCash before Satoshi brought out the whitepaper.