This is a privacy-focused cryptocurrency which is built on the Monero framework. While initially, one would wonder why users would opt to use this new currency rather than stick with the already trust Monero, they do have one advantage. They are approaching the launch of the currency with the regulatory framework in mind.
As more and more countries begin issuing their own cryptocurrency related laws, some of them are outright banning Monero due to its reputation and their fears of it being used in association with crimes. This currency wants to give users the option of privacy, while still adhering to regulations to put these countries at ease.
In order to speculate on the price of this asset, it's important to use any tools at your disposal. To help you, we have created this Xcash forecast. This document uses past trading information and future events in order to create price estimates which it believes will accurately represent the future of this currency. You can use these to choose the ideal times to invest or to sell, making more profits for yourself.
In the short term, our Xcash prediction chart believes that there will be a slight increase in price for this coin. However, it will likely be very small and you may be better off to just hold. You should, of course, verify this information for yourself by using the charts on this page. The information here is constantly updated, and you want to make sure that you are trading with the freshest available information to avoid making any costly mistakes.
For those that are interested in holding this asset for the long term, remember to take supply and other metrics into account. The supply for this asset is far larger than that of Monero, so you should not expect their prices to reach similar levels. Even with a very larger market cap it'll be a long wait for this coin to reach $1. Be prepared to wait several years for this number to happen.
It's possible that it could be a failure all around. Privacy advocates may not want a privacy coin that bows to the law, and one that they may question the privacy of. Governments may equally still not be trusting of this new asset and reject anything that hides the origin of the funds regardless of their regulatory status. Invest with caution here as things could go sideways quickly.
At this point, total abandonment does not seem likely, but things are still early here. They seem to have their ducks in a row both with regulators and with the team behind the project. Investors will need to keep tabs on their developments and see how things progress though. The cryptocurrency community's reaction to the project will need to be evaluated, and their plans will also need to be researched before proceeding.