24 Hour Double-Digit Crypto Gainers: Ecash Jumps 40%, Tezos Spikes 16%, Arweave Gains 12% – Markets and Prices Bitcoin News

24 Hour Double-Digit Crypto Gainers: Ecash Jumps 40%, Tezos Spikes 16%, Arweave Gains 12% – Markets and Prices Bitcoin News

24 Hour Double-Digit Crypto Gainers: Ecash Jumps 40%, Tezos Spikes 16%, Arweave Gains 12%

During the last week, a large quantity of popular crypto assets have consolidated and have even seen some slight losses during the last seven days. However, there’s a slew of crypto coins that have seen significant double-digit gains during the last 24 hours.

Ecash, Tezos, Arweave, Bitcoin Gold Jump

The lion’s share of crypto coins in the crypto economy have seen double-digit gains during the last month but over the last week, there’s been some consolidation for a great number of the usual market leaders.

For instance, over the last day, both bitcoin (BTC) and ethereum (ETH) have slid in value slightly and have been very consolidated during the last week. But there’s been a variety of other crypto assets that have made massive moves during the last day to end the weekend.

The biggest gainer on Sunday is a coin called ecash (formally BCHA or Bitcoin ABC) which has jumped 42.4% during the last day. Seven-day statistics show ecash has spiked 98.4% this week.

At the time of writing, the ecash (XEC) token is exchanging hands for $168 per coin and has an overall market cap of around $3.1 billion. Behind ecash is tezos (XTZ), which has gained over 16% over the last day and XTZ is up 62.4% for the week. A single XTZ is swapping for $5.99 per coin and it has a market valuation of about $5 billion.

Arweave (AR) is trading for $44 per unit and is Sunday’s third-largest gainer with 12.9% during the last 24 hours. Bitcoin gold (BTG) has also seen decent 24 hour gains spiking 12.7% to $80 per BTG.

The token called near (NEAR) is up 9% today as there are only four coins that have seen double-digit gains over the last day. Near is swapping for $5.83 per coin and has an overall market valuation of around $2.6 billion on Sunday morning (ET).

Safemoon Controversy Drags Token Value Down 26%, Axie Infinity Slides 6%

Other notable gainers on Sunday include cosmos (ATOM), bitcoinsv (BSV), and enjin coin (ENJ). Coins like flow, kusama, decentraland, and bitcoin cash (BCH) have been moving up the ladder as well in terms of 24-hour gains.

Unfortunately for Safemoon fans, the safemoon (SAFEMOON) token is down 26% on Sunday as controversy surrounds the network. Safemoon is the only double-digit loser on Sunday and below SAFEMOON is axie infinity (AXS) which dropped over 6% during the last 24 hours.

What do you think about Sunday’s biggest crypto gainers and the top two crypto losers over the last 24 hours? Let us know what you think about this subject in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Tradingview, various logos,

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

3 Reasons Growth Investors Will Love Cimarex (XEC)

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market’s attention and produce exceptional returns. However, it isn’t easy to find a great growth stock.

By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company’s growth story is over or nearing its end, betting on it could lead to significant loss.

However, it’s pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company’s real growth prospects.

Cimarex Energy (XEC) is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top Zacks Rank.

Studies have shown that stocks with the best growth features consistently outperform the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy).

Here are three of the most important factors that make the stock of this oil and natural gas company a great growth pick right now.

Earnings Growth

Arguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration.

While the historical EPS growth rate for Cimarex is 2.6%, investors should actually focus on the projected growth. The company’s EPS is expected to grow 538.5% this year, crushing the industry average, which calls for EPS growth of 224.7%.

Cash Flow Growth

While cash is the lifeblood of any business, higher-than-average cash flow growth is more important and beneficial for growth-oriented companies than for mature companies. That’s because, growth in cash flow enables these companies to expand their businesses without depending on expensive outside funds.

Right now, year-over-year cash flow growth for Cimarex is 16.7%, which is higher than many of its peers. In fact, the rate compares to the industry average of -35%.

While investors should actually consider the current cash flow growth, it’s worth taking a look at the historical rate too for putting the current reading into proper perspective. The company’s annualized cash flow growth rate has been 18.1% over the past 3-5 years versus the industry average of 6.8%.

Promising Earnings Estimate Revisions

Superiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

The current-year earnings estimates for Cimarex have been revising upward. The Zacks Consensus Estimate for the current year has surged 10.5% over the past month.

Bottom Line

Cimarex has not only earned a Growth Score of B based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

This combination positions Cimarex well for outperformance, so growth investors may want to bet on it.

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

XEC (eCash) Price Prediction 2021 2022 2023 2024 2025 And Market Cap Review

If you are looking for eCash Price Prediction then you are on the very right page. Here, we are providing all the information on this coin. As all of us know that the coin is not new in the market as it launched back in July. But, the coin actually gets such a huge hype in some recent days. The cryptocurrency actually doing very well in the market and engaging a ton of traders to invest in it. Currently, the trading price of the crypto is very high than the previous week. The boost in the price completely makes every eager to know the reason behind it.

Let us also tell you that the price of the cryptocurrency increase when the price of Bitcoin decreases. It is another point that blows every trader’s mind. Just after that everyone was attracted to it and start purchasing a bulk quantity of the cryptocurrency. If you also want to purchase some eCash then the ticker symbol of the coin is XEC. The current trading price of XEC is $0.0001702. The price change in the last 24 hours is very high and all the investors have become keen to search for it. Here we are providing all the information regarding this coin.

Read More: SOLANA (SOL) Price Prediction 2021

eCash (XEC) Statistics

The statistics of eCash are given below and everyone in the world is keen to know the details of the coin.

Cryptocurrency eCash Symbol XEC Current Price $0.0001702 Price In 24H $0.00005134 Price in 7D $0.0002417 Market Capitalization $3,214,133,979.61 Trading Volume $763,188,682.42 (+236.76%) All-Time High $0.0002417 (-29.37%) All-Time Low $0.0000173 (+886.81%) Rank #204

If we talk about cryptocurrency then it is attracting lots of traders to invest in it. Here, we are providing XEC Price Prediction for the upcoming five years. Now, the complete price prediction of the coin has been provided here.

XEC Price Prediction 2021

Now, the price prediction of 2021 clearly shows that the coin will go up to $0.00011510 at the end of the year. So, it will be actually very exciting to see the result of the coin in the upcoming years. SILK Road Price Prediction 2021

XEC Price Prediction 2022

After touching this amount at the end of the year, the coin will not fall easily. The chance of price increment has also increased. The expected price of the coin in the year 2022 is $0.00018813. So, it will be a great option that gives a huge return to all the investors.

XEC Price Prediction 2023

Now, the XEC Price Prediction 2023 shows that the coin will touch a peak of $0.00026893 because the chances of an increase in the price are very high. The price of the coin in the year 2023 will be increasing because the popularity of the coin also is enhanced very well.

XEC Price Prediction 2024

When the price already goes on the top then it will not go down too easily. The estimated price of the cryptocurrency in the year 2024 will be $0.00038583. So, it will be a very great option for all the investors to invest in it.

XEC Price Prediction 2025

Now, talking about the last year, XEC Price Prediction 2025 saying that the expected price of the coin will be $0.00056078. Many traders are ready to invest in it but it is not clear that the coin will surely give profit to everyone.

So, if you are thinking to invest your money in this coin then it will proper your risk. The prices that we provided here are estimated and just an assumption. So, the chances of price increase will not be surely going to happen. We just assume the price on the basis of the price of the cryptocurrency and movements of others in present. So, stay connected with us to know more information regarding cryptocurrencies.