Bitcoin Cash (BCH) is a cryptocurrency launched in 2017 by forking the Bitcoin blockchain. BCH changed the size limit of blocks added to the blockchain. On August 1, 2017, the first Bitcoin Cash software implementation was released. BCH was supported by a few high-profile early bitcoin investors like Roger Ver, who claimed that Bitcoin’s one-megabyte block size limit would inhibit its ability to scale and accrue value as more investors and users adopt cryptocurrency. Emerging of Bitcoin Cash was a starting point of a trend to create new cryptocurrencies by forking the Bitcoin blockchain. Bitcoin Cash is the largest Bitcoin fork in terms of market capitalization and active users.
As mentioned before, Bitcoin Cash is the largest Bitcoin fork. BCH has been one of the top 20 projects of the market during the last six months in terms of market capitalization, with over $12 billion value. After a peak at $1594.85 on May 12, 2021, its price saw a declining trend up to today, which led to the price of $640.49. Moreover, you will not face difficulties selling BCH even in bear markets since its liquidity score is 86% more than the market's average score. You can see our report here.
BCH's Return on Investment (ROI) was 184% over the last year, much lower than its similar projects ROI (1,990%). Also, BCH underperformed in ROI compared to the top 1500 market projects, with 4,074% growth. If you bought BCH yesterday, you are so lucky to have a 4% profit on your investment. Your one-month and one-week counterparts are not as lucky as you! They saw a 9% and 5% decline in their money, respectively. You can have access to our report about BCH's ROI for Free here.
Talking about popularity, BCH was successful in gaining public attention over the last six months. Its Reddit subscribers saw an increase of 24% during the mentioned period. Also, its Telegram channel users increased by 64% over the same period. Our report on BCH's popularity can be found here.
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