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Bitcoin Cash, will the price reach $100,000?
Bitcoin Cash, will the price reach $100,000?
Altcoin

Bitcoin Cash, will the price reach $100,000?

By Alfredo de Candia - 16 Jan 2021

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“Bitcoin hits $100k today”. This is the headline we will see in an article in the year 2030 according to Roger Ver, since, by the end of this decade, the crypto BCH will reach a price of as much as $100 thousand in his opinion.

Ver’s optimism stems from the fact that there are several points in favour of this blockchain and its crypto, such as: 

  • a significantly lower fee cost compared to Bitcoin, 
  • faster speed due to the larger block size.

Not to mention the fact that not only would Bitcoin Cash be a valid tool for payments, given its high speed, but it also allows support for SLP (Simple Ledger Protocol) tokens and thus opens up the possibility for anyone to create their own token.

Furthermore, multiple features and services have been integrated, such as its exchange, the ability to sell anything using the dedicated marketplace, sending BCH via email and more, thanks to the contribution of several developers including Calin Culianu, for example, make the whole project interesting.

The price of Bitcoin Cash

If we take a look at the price of BCH, we can see that it has continued to rise relentlessly and is now worth 83% more than last year and almost 53% more than last month. It is no coincidence that it is in the top 10 of the most highly capitalized cryptocurrencies.

It is certainly far from its all-time high of over $4,000 at the moment, but at this rate and with these rises, it is easy to assume that it could not only match those records but even surpass them, as Bitcoin has done in previous weeks.

In 2021, Bitcoin Cash will see more projects launching and growing, such as crowdfunding campaigns on this blockchain, decentralized finance (DeFi) which is taking its first steps and for which we already find the Tether (USDT) stablecoin ready for use. All this could make this blockchain grow exponentially.

 

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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