Some investors are wondering about the price dynamics of $BCH . This altcoin attracts less institutional attention than cryptocurrencies like SOL, XRP, or Hyperliquid.
Bitcoin Cash also lacks viral stories within the community. Its last major update occurred over a month ago. However, the distribution of BCH's supply has certain advantages and similarities with Bitcoin.
According to CoinMarketCap, the supply of BCH is 19.8 million, and it is already fully in circulation. BCH attracts users with low transaction fees. More than 53,000 transactions are made daily, indicating stable demand.
More than 97% of BCH wallets belong to long-term holders who have held the asset for over a year. Large investors holding more than 1% of the supply make up about 17%. These factors support a positive
The question is whether this trend will continue in the long term or if it is a temporary spike. Despite nearly doubling in three months, BCH is still far from its all-time high of $1,600 reached in 2021.$BMT $FUN