eCash (XEC) was launched in July 2021 as an update to the Bitcoin Cash ABC (BCHA) project with a rebranding and value conversion. Upon launch, its main scale was changed to be divided by 1:1,000,000, meaning that every 1 BCHA was converted into 1 million XEC

Prices at which it was launched:

• Launch price: In July 2021, the initial price was around $0.00002 to $0.00003 per XEC unit.

It is not impossible for eCash to reach $0.001 (1/10 of a cent) but it depends on several factors:

1. Widespread adoption: An increase in the number of users and transactions may push the price higher.

2. Technological development: If the currency continues to improve the transaction network and reduce fees, this may enhance its attractiveness.

3. The general cryptocurrency market: The rise of the market as a whole, especially Bitcoin and Ethereum, may help smaller currencies such as XEC.

4. Demand: Increased demand for the currency due to its use as a means of payment or money transfer may contribute to the price increase.

Obstacles:

• Large supply: There is a huge amount of XEC available in the market (trillions of units), which makes it more difficult for the price to increase significantly without huge demand.

• Competition: There are many other currencies competing in the same market, which reduces the chances of large and rapid growth.

Conclusion: Although reaching $0.001 is possible, it depends on future developments that may take some time.