In recent days a lot has happened in crypto and of course this is all about the problem of value that continues to improve on many coins and tokens circulating in the market. Each of them has a number of scores that are quite extraordinary this year. The number of Defi projects in the spotlight has pushed the crypto world towards a better acceptance at this time. Not only because of Ripple's problems separating from the SEC, or from market speculation about the United States dollar being out of supply and making a fall.
Two coins that stand out the most are Ethereum and Doge coin from day to day continuing to create new All time High. Doge with its simplicity without the frills of a smart contract or anything else, continues to rise to new prices which are getting better, of course, this is due to the tweets of one of the world's most famous people and that is what makes Doge shine. Then in Ethereum the increase is due to a number of bank institutional institutions. In the European Union, which is getting less and less interested and using the Ethereum blockchain and layer 2 problems have made Ethereum prices continue to rise day by day.
However, there is one crypto coin that in fact has not escaped the target of investors and other institutions. Even though BitcoinCash has dropped its position from the top 10 to 12 at the time of writing, it has a large enough potential to experience an increase which will also make news about Doge and Ethereum hot at the moment. The reason for this increase is due to the ongoing development in the BitcoinCash ecosystem which is already in the testnet stage, namely smartbch. This project will be able to run to the public later in June ( according to news ), we can see and taste it about this project. To know more about and follow the latest updates can be seen on the smartbch site itself .
From here it can be seen recently that the value of BitcoinCash is undergoing a correction in the range of $ 1000 to $ 1500. The highest BitcoinCash price is in the range of $ 3785.82 based on the ATH at coingecko in 2017. Looking from here the steps towards solving the new All Time High on BitcoinCash are just a matter of time. And there are many other things that can be seen from the potential increase in the price of BitcoinCash in the future. And you could say this could happen this year it seems.
The limited supply problem with BitcoinCash is a very sure reason there will be an increase in the price of BitcoinCash. If you look at Doge and Ethereum, which do not have a limited supply problem, they can continue to rise, even though if you think about this, it is against normal economic laws. And of course it is natural and also seen due to market speculation. But this is just a view. That is the greatness of the market, where it can be interpreted that it is not just a matter of supply and demand, which means that it can also be seen in terms of other factors.
Indeed, the main factor all of that is influencing the rise of the crypto king Bitcoin. Which is increasingly attracting investors in the crypto world and starting to be brave and look at the crypto world positively But even though it is the main basis, we still have to see and continue to research which potential is better based on demand, supply and also the main purpose of it all. I think there is no one in this world who wants to be harmed or in another language want to taste difficult life right. Yes, we all want a better life, of course. So hopefully the crypto world does bring goodness according to what was expected when it was created.
Note : Once again this is Just a personal note is not an invitation or investment advice. All risks, of course, on your own responsibility.
