Major crypto-investor claims Bitcoin Cash is where to put your money
Brian Kelly tells the world that Bitcoin Cash is the “must-own” cryptocurrency today.
The CEO of investment firm BKCM LLC discussed the matter at a Bitcoin Cash mining meeting and said that if a person is looking to invest in cryptocurrency right now; Bitcoin Cash is where the crypto-party is.
His thinking comes from the idea that blockchains gain value through use cases, saying that “usefulness translates into value” and that Bitcoin Cash has the right ecosystem, with a confident community as well as some of the most bullish advocators in cryptocurrency, for this usefulness and value – and therefore money – to follow.
Taking a gander at the figures, the beginning of May saw a boost in price to $1600 USD and then took a dive. The prices have been volatile (in a classic cryptocurrency fashion) over the past day and the token price has dropped from a value of $1290 USD to $1205 USD. Even so, this is still better than the level it saw in April level at $760 USD.