For some reason, there are still many people who keep looking for the next Bitcoin. While there are worthwhile currencies beyond Bitcoin, there will never be a “next BTC”. Especially the copycat coins using the Bitcoin name are losing traction, which is a positive sign for the overall crypto industry.
Bitcoin Cash (BCH)
Bitcoin SV (BSV)
The spin-off from Bitcoin Cash isn’t performing that well either. Although BSV holds a value of over $100, it is nowhere near closing in on the world’s leading cryptocurrency. Currently ranked 69th by market cap and very little interest from non-diehard community members to use this currency, the all-time high of $489.75 remains well out of reach. The currency is 77.8% down from its ATH and 158% above its all-time low, making the coming months crucial.
Bitcoin Gold (BTG)
Bitcoin Diamond (BCD)
Similar to Bitcoin Gold, Bitcoin Diamond has no real purpose other than speculative value. Unfortunately for those with high hopes for BCD, the speculative appeal has dropped significantly. One BCD trades for $1.18, a 99.2% retrace from the all-time high of $147.18. Dropping below $1 seems virtually inevitable at this point. It is one of the many cryptocurrencies best left ignored, as nothing good will come of it.
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