Bitcoin Cash No Longer a Top-10 Cryptocurrency
Bitcoin Cash is still a thing? Oh, yeah – I actually still have some lol
Bitcoin Cash no longer a top-10 cryptocurrency after being hounded out by Dogecoin
“The fortunes of beleaguered Bitcoin (BTC) spin-off Bitcoin Cash (BCH) took a turn for the worse on Feb. 8 as it was chased out of the top ten cryptocurrencies — by Dogecoin (DOGE).
Data from Cointelegraph Markets and CoinMarketCap showed BCH now occupying 12th place after being passed by both DOGE and Stellar (XLM)
The latest embarrassment for the altcoin, which last week lost its footing to Binance Coin (BNB) and in January was superseded by Chainlink (LINK), thus relegates it from the top ten cryptocurrencies by market cap.
At the time of writing, BCH had a market cap of $8.48 billion, behind Stellar’s $8.63 billion and DOGE’s $9.59 billion, the latter having risen 25% in the past 24 hours.
While Bitcoin itself has gone from strength to strength, BCH has yet to see any real benefits beyond the occasion commitment from figures such as Kim Dotcom. The altcoin’s proponents tout it as a superior alternative to Bitcoin thanks to its faster and cheaper transactions.”