I don't understand much about the causes of the Cryptocurrency pumps. I guess they are trading strategies of some stakeholders with enough capital. However, there will be some that will capture investors' attention based on growth potential. In the case of BCH, from what I have investigated, it is severely undervalued, and sooner rather than later, equity will influence fair value.
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source https://www.reddit.com/r/btc/comments/msdmuq/undervalued_bch_a_pump_to_fair_value/
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