How Bitcoin Cash Beats Other Bitcoin Forks?
How Bitcoin Cash Beats Other Bitcoin Forks?
In accordance with data provided by BitMEX research service, Bitcoin had 44 forks after Bitcoin Cash, which only counts the forks that were registered and promoted.
Among those 44+ forks derived from Bitcoin, it can be easily concluded that not even the half survived the market for long, however, Bitcoin Cash alongside with a couple of more examples, makes up for a perfect exception.
Bitcoin Cash seemed like a success almost at the start, and especially in mid-December when this fork managed to reach the price of over 4.000$ per one BCH unit, which was a massive success for this crypto given the fact that it only existed for 3 months at the time.
Now when we can see BCH trading at the price of 1.181$, which is pretty far from its all-time high value, we can still see it trading above other Bitcoin forks.
That is how Bitcoin Cash has even made it to the list of the top popular cryptos, also making the number 4 on the global coin ranking list which also makes it the 4th best crypto due to its market cap.
Besides from Bitcoin Cash, we can still hear about forks like Bitcoin Gold and Bitcoin Private, a lot of the forks derived from Bitcoin has been shut down like Bitcoin Classic for example. While some of them were doomed from the mere start, many decayed due to the inability to find investors willing to support their fork.
Bitcoin Cash seems to be unable to resist the current market trend, so we can see it dropping against the dollar while going down in the red zone.
Following the latest change that took place in the course of the last 24 hours, Bitcoin Cash can now be traded at the price of 1,020$ per one unit as we can see it dropping by -4.31% against the dollar.
How Bitcoin Cash Beats Other Bitcoin Forks?
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