Market Cap ($B) | Sent / day ($B) | Avg txn fee ($) | |
---|---|---|---|
BTC | 812 | 30.1 | 2.67 |
ETH | 405 | 8.1 | 44.19 |
DOGE | 21 | 1.2 | 0.22 |
LTC | 9.1 | 0.2 | 0.02 |
BCH | 7.4 | 4.2 | 0.007 |
So...
BCH is worth less than LTC or DOGE despite moving ~4X more than DOGE and almost 20X more than LTC.
BCH moves about half as much value onchain daily as ETH but only worth 1.8% of ETH.
BCH moves more than 10% as much value onchain daily as BTC but worth less than 1%.
BCH does all of this for a fraction of the fees of any of these coins. Even LTC fees are over 2X BCH fees despite moving only 5% of the daily value. Elon Musk keeps pitching DOGE as a good cash option but its fees are 30X higher.
[link] [comments]
source https://www.reddit.com/r/btc/comments/rxmv1i/how_undervalued_is_bch/
No comments:
Post a Comment