Friday, 7 January 2022

How undervalued is BCH?

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

mobile version

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.

submitted by /u/jessquit
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source https://www.reddit.com/r/btc/comments/rxmv1i/how_undervalued_is_bch/

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