eCash (XEC) has experienced a modest 0.36% increase in its price over the past 24 hours, bringing its current trading price to $0.00003852.
This slight uptick suggests a period of relative stability and ongoing investor interest in eCash, though it is not as dramatic as some other cryptocurrencies’ recent movements.
With a market capitalization of $760,337,522, eCash ranks 81st among cryptocurrencies. This figure reflects the total value of eCash in the market and indicates its position relative to other digital assets.
The market cap has seen a minor change of 0.17% in the last day, aligning closely with the observed price movement. This stable market cap indicates a steady level of investor confidence and market valuation.
The trading volume for eCash has surged to $31,344,347 in the past 24 hours, representing a significant 78.21% increase. This substantial rise in volume indicates a high level of trading activity and market engagement.
The volume-to-market cap ratio is 4.15%, providing insights into the liquidity and trading dynamics of eCash. A higher ratio suggests robust trading activity relative to its market cap, reflecting strong market participation and interest.
eCash’s circulating supply is 19,737,045,298,091 XEC, which constitutes 93.99% of the total supply. The total supply is equivalent to the circulating supply, indicating that almost all of the XEC tokens are currently in circulation.
The maximum supply of eCash is capped at 21,000,000,000,000 XEC, allowing for potential future issuance. The close proximity of the circulating supply to the total supply suggests a minimal impact from new token releases on the market.
The fully diluted market cap of eCash is reported at $804,507,148. This figure assumes that all possible XEC tokens are in circulation, offering a comprehensive view of the cryptocurrency’s valuation.
The difference between the current market cap and the fully diluted market cap highlights the potential for future changes in market valuation based on the remaining supply.
The modest 0.36% increase in eCash’s price reflects a period of stability amid fluctuating market conditions. While the price movement is not as pronounced as some other cryptocurrencies, the significant rise in trading volume indicates strong investor engagement and market activity. This stability, combined with the high trading volume, suggests that eCash is maintaining its market position and continuing to attract investor interest.
eCash’s position as the 81st largest cryptocurrency by market cap and its substantial trading volume highlight its ongoing relevance in the digital asset space.
The stable circulating supply and fully diluted market cap reflect a well-established market presence, with potential for future growth depending on market conditions and investor sentiment.
In summary, eCash’s recent performance demonstrates a period of stability and investor interest. The modest price increase, strong trading volume, and high volume-to-market cap ratio indicate a steady phase of market activity.
As eCash continues to evolve, monitoring market trends and staying informed about future developments will be essential for stakeholders navigating the cryptocurrency landscape. The stability in eCash’s price and market dynamics underscores its ongoing role and potential impact within the broader crypto market.
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