XEC (eCash) is a cryptocurrency token that powers the eCash network, a decentralized, open-source blockchain platform. Here are some key points about XEC:$XEC
- _Price:_ $0.000049
- _24-hour Trading Volume:_ $1,219,059
- _Circulating Supply:_ 19,444,444,444 XEC
- _Total Supply:_ 21,000,000,000 XEC
- _All-time High:_ $0.0004 on July 17, 2021
- _All-time Low:_ $0.000007 on January 1, 2022
XEC tokens are used for:
- _Transaction Fees:_ XEC tokens are used to pay for transaction fees on the eCash network.
- _Mining:_ XEC tokens are mined through a proof-of-work consensus algorithm.
- _Staking:_ XEC tokens can be staked to participate in the validation process and earn rewards.
- _Governance:_ XEC holders can vote on proposals for the development and growth of the eCash network.
eCash aims to provide a decentralized platform that supports a wide range of use cases, including DeFi, gaming, and social media, with a focus on scalability, security, and usability.
Some popular use cases for XEC include:
- _Cross-Border Payments:_ XEC is used for fast and secure cross-border payments.
- _E-commerce:_ XEC is used for online payments and transactions.
- _Gaming:_ XEC is used for in-game payments and transactions.
- _DeFi:_ XEC is used in various DeFi applications, such as lending and borrowing platforms.
Note: eCash was previously known as Bitcoin Cash ABC (BCHA) and rebranded to eCash (XEC) in July 2021.