Kim DotCom Drived Bitcoin Cash To The Moon

February 16, 2021

Kim Dotcom is a German-Finnish Internet entrepreneur and political activist from New Zealand, a founder of now-defunct file-sharing site Megaupload, and a crypto proponent. He has been called one of the world's 'largest tech entrepreneurs' and that is the reason why he changed his surname to 'Dotcom' as a homage to the technology that made him a millionaire.

Recently, the Internet Entrepreneur with more than 700k followers on Twitter has been showing his support for Bitcoin Cash. His different tweets gained so much attention from different crypto enthusiasts. We all know that Twitter is a place where we can find different supporters and opposers of different cryptocurrencies.

On February 6, he posted that he joined the BCH community early in January and captioned it with "this is just the beginning."

He obviously received different critics from different enthusiasts opposing Bitcoin Cash. Bitcoin Cash is still undervalued but a single post of a famous online entrepreneur will convince some to change their thoughts and perception.

Kim continued to show his support for Bitcoin Cash and followed with a post stating that BCH will be the greenest of all cryptocurrencies.

In this post, he replied to one of the comments saying:

"Bitcoin Cash now has as many transactions per day as Bitcoin and soon Bitcoin Cash will have the most transactions of all cryptocurrencies. Watch."

It has been followed by another tweet about people asking why he is supporting Bitcoin Cash.

And to answer their questions, he made a website for Bitcoin Cash. You can check the site here. https://whybitcoincash.com/

In his website, he tackles the differences between Bitcoin and Bitcoin Cash to inform the people why Bitcoin Cash is better than Bitcoin. He first introduced that Bitcoin Cash believes in the original vision for Bitcoin by Satoshi Nakamoto and followed by the comparisons between Bitcoin and Bitcoin Cash.

The site also explains that Bitcoin Cash is just like Bitcoin but with several adjustments making it the digital equivalent of cash. It also stated there how Bitcoin can be the digital equivalent of gold, but BCH on the other hand still followed the vision of Satoshi Nakamoto which is "a peer-to-peer version of electronic cash."

In his comparison, the visitors of his site will surely realize how valuable is Bitcoin Cash than its predecessor. He also states that Bitcoin Cash has bigger upside potential as it now has 50% transaction volume than Bitcoin does but is only valued at 1% of BTC value.

He also shows on his site what people can get with Bitcoin Cash aside from fast and low transaction fees. Most people only know Bitcoin Cash as crypto with fast transaction speed and low transaction fee with higher scalability, through Kim's site, we are hoping that people will see the other benefits of adopting Bitcoin Cash. The site was only simple but it contains a precise explanation that highlights the benefits of adopting Bitcoin Cash.

If Elon Musk can drive Doge and BTC prices higher, then Kim Dotcom can move BCH price to the moon. His continuous support makes its price jumped over 9% during the 24 hours after making a website about Bitcoin Cash. On February 11, BCH reaches a daily high of $538.84 based on CoinMarketCap. On February and 12, it jumps over 20% with a daily high of $578.10. Then it continued to surge to $664.97 on February 13, and finally reaches its ATH at $767.51 yesterday.

BCH jumps more than 5% against BTC and more than 15% against ETH in the last seven days. And according to News.Bitcoin.Com, BCH has increased more than 130% against the US dollar during the last 90-days.

At the time of writing, Bitcoin Cash is back to the top 10 cryptocurrencies on CoinMarketCap with a trading volume of $15,436,873,984 and a market capitalization of $15,436,873,984. Its current circulating supply is 21,000,000 BCH coins and holding a resistance and support level at $767.51/ $622.75.

The BCH community felt happy for the increase of the coin's price and hoping for it to continue to surge up. BCH is still undervalued but with the continuous mass adoption and support of its community, it will surely drive BCH to the moon and people will realize how valuable it is as a digital version of cash.