@nomadghada 3 August 2025 more from that month

I asked Perplexity: What is happening with BitcoinCash (BCH)!? Disclaimer: while I have generated answers using AI, this is not an AI written article Recently I have been away from the Crypto world, mainly because my job is keep me busy with overtime and back-to-back meetings (But its ok, as this time round I actually like my job and people are nice). That is also the reason I haven't written on read cash in a while, although I do visit from time to time and read others article (and tip, ofcourse). For similar same reason I haven't check the prices of any Crypto in a while, however today I thought I'll take a look and lo-behold BCH is at $542 and is at #15 by market cap on coinmarketcap. Since I was away this is a decent jump. Even though my philosophy is 'Never Sell, but Use' still it is good to see that now my small pool of BCH can now buy more good and services. But, I wanted to dig a little deeper on the price action. And didn't want to spend much time on it so I did what any regular guy in 2025 would do. . . *I asked an AI chatbot*. Now, if anyone is actually reading this I would like to ask you, do you agree with the below response or is the AI missing something. **Do let me know in the comments below**. AI generated answers start here: Here is a brief that I got: Firstly is generated this chart -

Then it went on about the current price action saying that BCH experienced a **-4.28% decline over the last week**, though it has shown a **7.80% increase over the past month.** Saying, and I quote: "BCH has been experiencing notable price movements with **analysts predicting a potential breakout toward the $620-$680 range**. The cryptocurrency **surged past $580** recently, with some sources reporting gains of over **5%** in certain trading sessions." ~ The source for this is citated as Coinbase. After that I asked it: What is the reason behinh sudden rise in BCH price? And if I skip all the jargon, it summarized it as the following: Network Upgrades Drive Short-Term Optimism The primary catalyst for BCH's surge was the **activation of a key network upgrade** aimed at improving scalability and transaction finality. This upgrade included several important features: **Enhanced consensus rules** that improve block propagation efficiency **Reduced confirmation times** for transactions **Improvements to the scripting layer**, enabling more complex smart contract capabilities Implementation by a coalition of developers and node operators, which was widely welcomed by the BCH community Finally it has predicted the price action as: Technical Breakout and Analyst Optimism Bitcoin Cash has shown strong technical momentum throughout July and early August 2025: **Descending triangle pattern breakout**: BCH rallied from a low of $249 to a high of $550 in July, with the price spiking to $607 before retreating **Breaking through resistance**: Analysts noted BCH "breaking through the sell wall" with potential targets at $620 and even $680 **Long-term resistance cleared**: The breakout from multi-year resistance levels suggests potential for much larger rallies AI generated answers end here So what do you think is it true? Now the network upgrades I haven't dig into it much but it seems plausible as CashTokens is now a thing and I had recently experimented with it sometime earlier. I even wrote a couple of articles on it. Now, since I am not up to speed on recent development can anyone fill me in on it. I did see a couple of new token on Cauldron DEX but is there anything interesting happening or it is just like SmartBCH era?