Bitcoin Cash [BCH] popularity lower than Dogecoin [DOGE]? Roger Ver irate!
Bitcoin Cash [BCH] is less popular as compare to Dogecoin [DOGE], as many people online are saying this on different networking sites.
Roger Keith Ver, who is one of the members of Bitcoin Foundation, has uploaded a video on YouTube channel “Bitcoin.com-Official Channel”.In the video which was recently uploaded by Roger Keith Ver on YouTube started with, Bitcoin cash is less popular than Dogecoin. According to him, these kinds of statements are coming again and again on social media. He thinks that these may be paid trolls or the people are Bitcoin Core supporters, both of them are “oftentimes one and the same”.
The main aim of releasing this video is to make people aware of the fact and prove the claim wrong. Taking Santoshi Pulse as a reference he made all his statistics. Satoshi Pulse is the smallest unit of Bitcoin Currency. Satoshi Pulse is a Cryptocurrency Market Capitalization Aggregator. These stats were released on Bitcoin.com, which is a popular cryptocurrency site. It (Satoshi Pulse) is also similar to CoinMarket Cap.
In the video, Roger Keith Ver is equating Bitcoin Cash than Dogecoin parallel. The market value indeed hardly hatters. He is aiming at the value of Dogecoin from a market cap of $400 million, whereas Bitcoin Cash value is near to $17.8 billion which is 40 times than Dogecoin. He brought to focus the trade volume of last 24 hours. After talking about facts and figures he said every this is more significant and make sense. According to him, Dogecoin is at $5 million trade whereas Bitcoin Cash is more than half a million dollar, which is nearly $5665 million. By this Analysis, it looks like Bitcoin Cash is hundred times more popular than Dogecoin.
Looking at the graphs of the transaction between Bitcoin Cash than Dogecoin goes parallel most of the time, but the amount of actual commerce happening, Bitcoin Cash is much ahead. Roger Keith Ver is annoyed by the online statements coming from different on media sites. He directly says, “Its an absolute bunch of nonsense.” He indicated the actual number of USD sent on the network on the graph, which showed Bitcoin Cash network sees far more USD.
“By every metric there, way more people use Bitcoin Cash than Dogecoin. Dogecoin is ‘fun’, but is a funny joke”, quoted as there is very limited supply and many Dogecoin are being driven out as reasons for his claims.
After the video some of the YouTubers Commented:
A statement by Jerry Frech says, “Yes yes and yes, Roger does not stop every video is incredibly important, plus extra credit for the shout out to Saint Kitts. Taking the family to Tokyo for three weeks to enjoy. thank you”
“VOLUME is not the same as number of transactions…. DOGECOIN has indeed a higher number of transactions (per second) than BCASH but due the low market cap those transactions generate a lower volume…”, this commented by OizyOfficial.
Image via Google
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