Bitcoin Cash no longer a top-10 cryptocurrency after being hounded out by Dogecoin

The fortunes of beleaguered Bitcoin (BTC) spin-off Bitcoin Cash (BCH) took a turn for the even worse on Feb. 8 as it was gone after out of the leading ten cryptocurrencies– by Dogecoin (DOGE). Data from Cointelegraph Markets and CoinMarketCap showed BCH now inhabiting 12th location after being gone by both DOGE and Stellar (XLM). BCH kicked out of the top tenThe most current shame for the altcoin, which last week lost its footing to Binance Coin (BNB) and in January was superseded by Chainlink (LINK), thus relegates it from the top 10 cryptocurrencies by market cap.At the time of writing, BCH had a market cap of $8.48 billion, behind Stellars $8.63 billion and DOGEs $9.59 billion, the latter having risen 25% in the previous 24 hours.While Bitcoin itself has gone from strength to strength, BCH has yet to see any real benefits beyond the occasion dedication from figures such as Kim Dotcom. The altcoins proponents tout it as a remarkable alternative to Bitcoin thanks to its faster and less expensive deals.” I joined team BCH early January. This is just the beginning,” Dotcom assured in a recent tweet.BCH/ USD 1-week candle chart (Coinbase). Source: TradingViewDOGE rebound sees criticismDOGE had actually seen an increase on Monday thanks to a fresh recommendation from rap artist Snoop Dogg and Elon Musk, who delivered yet another tongue-in-cheek tweet about his alleged fondness for the coin. In an interview recently, Musk had already validated that he was a Bitcoin “advocate.”” Doge seems inflationary, but is not meaningfully so (fixed # of coins per unit time), whereas BTC is arguably deflationary to a fault,” he wrote. “Transaction speed of Doge should ideally be a few orders of magnitude faster.” DOGE/USD 1-day candle chart (Bittrex). Source: TradingViewHis publicity struck a nerve with some. Saifedean Ammous, author of “The Bitcoin Standard,” decried the practice of promoting a cryptocurrency which openly has no function to unwitting possible financiers.” Wow such genius humor!! Incredible intelligence is needed to appreciate the genius of promoting a fraud to 40 million fans,” he responded.Title: Bitcoin Cash no longer a top-10 cryptocurrency after being pestered out by DogecoinSourced From: cointelegraph.com/news/bitcoin-cash-no-longer-a-top-10-cryptocurrency-after-being-hounded-out-by-dogecoinPublished Date: Mon, 08 Feb 2021 12:23:47 +0000

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Jeannine Cruz– Earnings I am known as Jeannine Cruz, I am a writer and an industrialist by profession. My age is 32 years. My aim is to gather the attention of the targeted audience without being boring and unexciting. I like to utilize the free time in writing my views and thoughts for my book lovers or readers. My most preferred articles are usually about finance and business; however, I have written various topics in my articles. I do not have a specific genre. I get very creative when I have to express myself, I often sing, write or draw to portray my feelings. When it comes to my free time or you can say ‘ME-TIME’, I love to play with my cat, sleep an extra hour, or play my favorite video games.

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