When the BCH fiat price drops, I look at this statistic. It shows the total number of unique addresses that hold assets in the Bitcoin Cash network. You can clearly see that the number of addresses is continuously increasing. It increases regardless of whether the fiat price is falling or rising. The fiat price fluctuations are caused by speculation on the exchanges, the BCH that is on the exchanges is not even on the blockchain. These addresses, on the other hand, are real addresses in the blockchain. The constant growth means an organic growth of Bitcoin Cash holders and users. And that is what is important in the long run, not the current price. The fiat price is a snapshot, it can be half in a month and it can be double in a month. Source: https://coinmarketcap.com/currencies/bitcoin-cash/holders/ #BitcoinCash
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Good to know about it. Hopefully it will rise up again.. we are waiting for it.