The volume indicates that BCH is being traded and used a lot but its market cap is quite low compared to other crypto with the similar market cap. Why is this?
BCH has a volume of 5.3 billion dollars which is almost a half of its market cap 12 billion dollars. Any other crypto with 10 billion dollar market cap has very low volume compared to BCH. Some crypto don’t even have one billion dollar volume.
Are all the other crypto being hyped but BCH is undervalued?
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source https://www.reddit.com/r/btc/comments/pplebe/why_is_bch_volume_so_high_but_market_cap_is/
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