BCH is Mooning Right Now Any Insights About This Is It Preparing To Contend B2X ?
No. The only reason behind this pump that I can think of is Bitcoin ABC new release (version 0.16.0). But that's not really exciting, definitely not big enough to make the price doubled. I think this is just some random temporary pump (by Bitmain perhaps?
), expect a huge dump coming soon! I'm sure people would prefer holding BTC rather than BCH when the S2X fork is coming. Also expect an even bigger dump when S2X is officially launched, quite certain S2X will take some of that oversized BCH market cap.
Who said it that bch is dead coin few weeks ago
Segwit2X fork will accelerate BCH dying process.
I just can't believe this crap has $11B market cap.