According to Roger Ver, a software entrepreneur and investor and Bitcoin Cash evangelist, who said he is also bullish on ethereum, that the third worst-performing global cryptoasset, bitcoin cash (BCH), in 2030 would be worth almost 229 times its current price.
"The more useful something is, the more it will be used by more individuals," Ver told Cryptonews.com, predicting a rapid rise in 2021 in bitcoin cash holders and users. He also keeps saying that "for everything except for speculation so far, BCH is far more useful than BTC."
It also has a much greater potential upside," Ver continued, estimating that by the end of this decade, BCH could reach USD 100,000." The price could reach USD 800 next year and USD 10,000 in 2027, according to his estimates.
Ver said in November 2019, when BCH traded at about USD 290, that this cryptoasset, forked from BTC, could go up "some day." by 99,900 percent.
Today, the 8th largest cryptoasset trades at USD 435 (14:38 UTC) by market capitalization and is up 7 percent in a day and 24 percent in a week. The price rose in a month by almost 53 percent and in a year by 83 percent.
However, compared to other cryptoassets from the top 10 club, BCH outperformed six tokens (excluding stablecoin tether) over the past 12 months, which rose by 260 percent -756 percent over the same period of time.
Meanwhile, Antoni Trenchev, co-founder and managing partner of Nexo, previously told Cryptonews.com that the fundamentals of BCH will help its price by 2021, amid recent controversies surrounding its hard fork in November.
In either case, as for the near-term plans, explicitly for 2021, Ver said that the Tor-integrated, decentralized privacy protocol that obscures Cash Fusion's real spending "enables Bitcoin Cash to have super strong privacy," and that "integrating it into the wallet of Bitcoin.com will be a big deal for BCH."
He reported that "soon to be over" adding that thanks to Flipstarter based on Bitcoin Cash, it now has fully functional crowdfunding, the public DeFi product also built on this network called AnyHedge, tokens thanks to Simple Ledger Protocol (SLP) for issuing tokens on this blockchain, instant tipping on any platform through Bitcoin.com wallet, and acceptance of a token on this blockchain.
